How do you think the type of 'unsellable condo' (i.e. perhaps more suited to AirBNB rather than long-term rental or owner live-in) has contributed to the drastic drop in condo sales? Is it fair to say that the prevalence of those types of condos is relatively new and therefore the current drop in sales may not 'fit' with what has historically been seen?
Is it possible for condo developers to build units that people actually want to buy, or is it Canadians that need to re-adjust their expectations and get comfy in their shoeboxes because it's the natural progression of our housing crisis?
Thanks for the perspective, Steve.
How do you think the type of 'unsellable condo' (i.e. perhaps more suited to AirBNB rather than long-term rental or owner live-in) has contributed to the drastic drop in condo sales? Is it fair to say that the prevalence of those types of condos is relatively new and therefore the current drop in sales may not 'fit' with what has historically been seen?
Is it possible for condo developers to build units that people actually want to buy, or is it Canadians that need to re-adjust their expectations and get comfy in their shoeboxes because it's the natural progression of our housing crisis?