Quote:
Originally Posted by GreyGarden
I also have been curious about the stall in sales. It might have something to do with bad press/optics. I think it also has to do with a more general idea of people being tentative about putting money down for something they have only seen in renderings.
I have a friend who has a parent in glasshouse. We were having a conversation about the building and I asked if she had pre-bought the unit, she said no and that she needed to actually experience the space to see if it would be something she'd actually like to live in. She loves it now.
I have a feeling that this might be a popular sentiment amongst potential buyers. Unlike in Toronto or Vancouver where a developer can reach their pre-sale targets on investors alone I think the majority of people buying units in skycity actually intend on living in them.
I don't know but I feel like this may be contributing to the stall in sales.
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But how do you explain the 50% sales they claim they hit right out of the gate? People all of a sudden decided they wanted to see the space before buying?
Aren't there a handful of other projects in Winnipeg that have hit their presales targets and are well on their way to being built?
Something is fishy here...
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