Quote:
Originally Posted by esquire
^ I wonder if that ship has sailed... condos were still appreciating reasonably fast when this thing was first floated what was it, 5 or 6 years ago? It's not that attractive of an investment anymore. And a lot of condos have been built in Winnipeg since then so the market has been somewhat saturated.
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Exactly, this is the unfortunate aspect of it...so many potential buyers, committed to something that will never come to fruition, that could have been either living downtown by now or put their $ toward another condo that would be finishing construction soon
I wonder if they are receiving some reassurance from some sale office or something that this project is still on track to be built
Quote:
Originally Posted by Finessing
I was referring more to the syndicated mortgage buyers, not the condo buyers.
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My apologies!