Free parking and mortgage holidays: Developers offering new incentives as preconstruction condo sales plummet
As preconstruction condo sales in Toronto plummet to levels not seen since the global financial crisis 15 years ago, developers are now turning to more lucrative incentives to try to entice prospective buyers.
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They are building thousands of condo at 1M$ and have a pikachu face when they realize it's hard to sell?
This.
Have they tried not pulling in 73% profit from every sale?