Toronto's condo market is a real estate haiku
If you read articles about the Toronto condominium market, you`ll see words like glut, oversupplied, overbuilt, overheated, frothy, bubble, crashing, or doomed and you`ll read the same experts and the same article that has been written every month, in every major publication in Canada, for the past five years. I try to bring an alternative perspective ` from former talking head and Toronto condo research guru, to financier and developer. The difference now is I have much more on the line, if I say the Toronto condominium market is healthy, I better truly believe it, because we are investing our clients` dollars, and we can`t afford to lose them. In a business predicated on word of mouth and repeat business, being correct and investing in smart projects is paramount. No one remembers what a housing analyst said two years down the road, but people NEVER forget if you lose their money.
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