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 …

  • Max-P@lemmy.max-p.me
    0·
    6 months ago

    That, and they also either renovate in pseudo-luxery or build fairly luxurious condos in a world of HOAs going absolutely out of control and making sure you can’t actually live in there even if you could afford it because your next door karen will file a noise complaint every time you flush the toilet.

    Number of constructions I’ve seen actually designed to be affordable in the last couple years: zero. None. They all target rich people that could afford a normal house anyway.

    Even new apartment buildings, the thing that people that can’t get a mortgage get, is now also all designed for 3000+ monthly rents.

    Property developers are greedy pigs.