this post was submitted on 12 May 2024
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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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[–] [email protected] 24 points 1 year ago (1 children)

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

[–] [email protected] 3 points 1 year ago (1 children)

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.

[–] [email protected] 4 points 1 year 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…