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B.C. experts weigh in whether the condo presale model is obsolete (Metro Vancouver) | Collector
B.C. experts weigh in whether the condo presale model is obsolete (Metro Vancouver)
Castanet

B.C. experts weigh in whether the condo presale model is obsolete (Metro Vancouver)

The presale model is on the ropes, as a condo slowdown raises questions about whether developers and lenders can—or should—continue to finance new condo projects this way. Sales of new condos have plunged while thousands sit unsold. Taxes and regulation have turned away investors. New...

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