Quote:
Originally Posted by jlousa
Let's assume the lady on the strata isn't exaggerating for a minute... We need to keep things in context. The OV did not originally sell well and a large amount of units were sold in bulk to larger investors to get them off the books. This is not the norm throughout the city. Most investment condos consist of small investors with units scattered throughout the city and they need the cashflow so for the most part do have the units rented out as the chart above shows.
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This was not in the original OV, but other SE False Creek development (something by Pinnacle - can't remember the name).
In addition, let's keep in mind that the map posted previously is from 2011. IMO, the market has changed substantially from that year.
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