Quote:
Originally Posted by LouisVanDerWright
Come on now Sam, you know why they are selling time shares... Winter is coming. That's the kind of behavior you expect when things get frothy. The stupid people are looking forward to get bent.
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True - though this might be something you'd expect to see once the for-sale/condo market starts to get frothy locally (such as in the 00's boom, when you saw Several of those silly "condo hotels" pop-up.....aside - I'll never forget Peter Dumon's quote about that investment model/product type in a Crain's article a decade ago: "It's a business that is dependent on a moron buying your unit." Priceless, and wholly accurate.......), of which we are definitely not dealing with today - I don't think anyone would call today's downtown condo market frothy.....in fact I think it has plenty of runway remaining for solid if unspectacular growth.....