Quote:
Originally Posted by someone123
I don't mean to be disrespectful but if you took Colin's updates on here at face value you'd conclude the real estate market has been years of overarching doom and gloom. Yet it's been years and years of building boom basically. I am sure there will be a downturn at some point, but eventually if you predict the same cyclical thing over and over all you have is a "stopped clock is right twice a day" effect.
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And we have to remember most of what is being built isn’t condos. Most are rental units, which is a completely different deal altogether. We haven’t built condos to any great number in years.
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