Quote:
Originally Posted by JVC
since when do brand new apartment buildings offer "specials"?

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It's not uncommon for the first units of a new construction to get a special entry price offer. It's not something I've seen quite as often in Pittsburgh simply because until recent, I've not seen the kind of development I've seen in other metros here in Pittsburgh.
However, what would be an issue would depend on if they are indeed slashing the price on units that are about to come online after the initial batch. This would indicate that they aren't filling like they thought.
This wouldn't necessarily be a bad thing to me. Sure, it will probably cause developers to kill some of the future projects we've seen on the forum, but this would mean the current housing being built might become more affordable for people. It might also check some of the rampant speculation going on. All the private numbers I've seen indicate the city can't afford this many high end apartments/condos. It has to give at some point.