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Toronto developers are getting desperate as no one is buying condos anymore (www.blogto.com)
submitted 2 years ago by to c/canada@lemmy.ca
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Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers ...

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[–] 13 points 2 years ago (1 child)

That because they aren't primarily meant for people who buy them to live in, they're just suppose to be flipped after a few years by investors or rented out.

Half of BC's New Condos Apartments Are Investor Owned

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