cosmos condos cancelled....
- Last Updated:
- Mar 25th, 2019 7:05 pm
Tags:
- SCORE+5
- c_snapper
- Deal Addict
- Sep 9, 2007
- 2241 posts
- 447 upvotes
- weddingsmc
- Newbie
- Mar 30, 2017
- 10 posts
as we all know
no point to take to the court
should clam yourself and look for another project to invest!!!!
no point to take to the court
should clam yourself and look for another project to invest!!!!
- LongLiveRFD
- Deal Fanatic
- Jan 6, 2011
- 6190 posts
- 1546 upvotes
- GTA
Bad news.
This is why high prices and demand suppression is bad for everyone (especially FTHB), even the RE industry itself.
Developers wants volume, then margin. Now new land acquisition cost become so high, they lack both volume and margin to cover it.
The optimal strategy now is just hoarding existing stock for future possible better prices (since it's not going down anytime soon), or, just stop pumping more into the pipeline and let land bidding cool a bit.
- Guest033746887
- Deal Expert
- Jun 26, 2011
- 15096 posts
- 5413 upvotes
- GTA
Any update?
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