urbandreamer
recession proof
My point?
Priced competitively with attractive architecture, condos will still sell. Presale construction must move closer to the norm--ie, cheaper to buy presale than resale. If that happens--I think it will because what developer wants employees sitting on their asses unemployed?--of course resale will get cheaper as well.
$400/ft or less in the boondocks; $500-550 downtown; $450/ft at Edge Lofts is too much....
Where is really smart money buying condos today?
Hamilton. That tells you something, eh?
Priced competitively with attractive architecture, condos will still sell. Presale construction must move closer to the norm--ie, cheaper to buy presale than resale. If that happens--I think it will because what developer wants employees sitting on their asses unemployed?--of course resale will get cheaper as well.
$400/ft or less in the boondocks; $500-550 downtown; $450/ft at Edge Lofts is too much....
Where is really smart money buying condos today?
Hamilton. That tells you something, eh?
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