Quote:
Originally Posted by sakyle04
ever known someone who is trying to sell a house in a subdivision that hasn't been built out yet? can't get a good price since people can walk down the street and customize a new unit from the beginning rather than taking on your 2 yeard-old place...i like to think of it that way, even if it isn't really the same thing.
i would assume that the good folks trying to sell the units in Tower 1 wouldn't really be helped by an entirely new tower being announced - the same units in Tower 2 would sell (best views/floors) as they had in Tower 1 and you would be left with a glut of 5th - 8th floor units with views to the east. 
better this way.
also, remember that tower 2 would probably have to be pre-sold just like tower 1 (60%) before construction...it will be a couple of years. |
All very true. Thanks for setting me straight
