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The Condo Crash (macleans.ca)
submitted 6 days ago* (last edited 5 days ago) by NightOwl@lemmy.ca to c/canada@lemmy.ca

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[-] cyborganism@piefed.ca 27 points 6 days ago

Tajdin is one of thousands of Canadians who have been caught in the fallout of the country's collapsing condo market.

Because of dicks like him that artificially inflate the price of residential properties through unethical cheap tricks. Trying to flip a brand new unfinished condo and artificially inflate its price before it's even finished? Fuck that guy for trying that shit. He got what he fucking deserved.

[-] karlhungus@lemmy.ca 4 points 6 days ago

I think you're going after a (yes greedy) victim. It seems like the developers are the truly greedy people here. Hell they haven't built shit, and now they are suing the people they've already conned?

[-] BillyTheKid2@lemmy.ca 5 points 5 days ago

Zero sympathy for anybody who owns investment properties. Zero sympathy for landlords.

[-] kent_eh@lemmy.ca 1 points 4 days ago* (last edited 4 days ago)

They should have gone into it with the understanding that no investment has a guarantee of positive returns.

That's how investing has always worked.

Investing is just like any other form of gambling, if you can't afford to lose the game, you shouldn't be playing.

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this post was submitted on 26 Nov 2025
26 points (100.0% liked)

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