Quote:
Originally Posted by rofina
Regardless if you agree or like what Ian has been able to turn Westbank into, its beyond doubt he has his finger on the pulse.
Their success in moving luxury units at astronomical prices is second to none.
Its obvious he knows who his clients are and what the likelihood of units selling is at a given price point.
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Some other posters might be as old as me, and actually remember the Eighties. Japan Inc. was eating the West's lunch, biting into US manufacturing and buying up real estate everywhere.
Until one day they weren't.
Their stock market tanked and Japanese real estate crashed. Nobody really saw it coming, everyone assumed it would go on forever. Gillespie has done a great job at shilling real estate in China, but assuming the next 5 years will be exactly like the last is foolish.