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 ...

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 …

  • stoy@lemmy.zip
    24·
    7 months ago

    Well, they choose to take that risk, that is what an investment is, you buy somethibg that you hope will increase in value, but sometimes you make a bad investment and loose money, that is all part of the game

    • festus@lemmy.caEnglish
      311·
      7 months ago

      Oh I’m not saying they should be bailed out or anything, just that I wouldn’t call developers ‘parasites’ as they actually are building homes.

      • Grandwolf319@sh.itjust.works
        4·
        7 months ago

        The parasitic part is not the building home part, but the charging you as much as they can part.

        I know, I just described capitalism…