Quote:
Originally Posted by whatnext
Despite the shiny presentation centres, it's clear the housing market is in a serious correction. What projects do you think will be cancelled or put on hold indefinitely as the new reality sinks in?
My top picks:
-Little Mountain (Holborn couldn't even get it going when times were good)
-Oakridge - the demographic it was aimed at is finding it difficult to offshore the money to buy.
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Oak ridge is being backed by Quadreal (aka bc pension plans). I don’t think the government will let something upset their own pensions. Hell imagine the votes they may lose from teachers to nurses if there own real estate measures kill their pensions.