this post was submitted on 02 Oct 2025
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[–] Zorque@lemmy.world 5 points 1 week ago (2 children)

Ahhh, so they're just charging outrageous prices for already cheap housing.

[–] Eranziel@lemmy.world 1 points 1 week ago

Exactly. These condos are over $1000/sq ft. Completely out of reach unless you or your parents are already rich. I don't get how this surprises anyone there.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 week ago (1 children)

And still not making a profit, apparently.

[–] Tiger666@lemmy.ca 1 points 1 week ago (1 children)
[–] CanadaPlus@lemmy.sdf.org 0 points 1 week ago (1 children)

To pay back creditors, sure.

Nobody has a magic money printer. Developers aren't part of a conspiracy just holding back the good stuff from us, if that's what you're implying. Because I know that's the jerk.

[–] Tiger666@lemmy.ca 1 points 1 week ago

If they need ALL the excess value and leave nothing they will have nothing.