Hacker Talks
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
Old_Geezer@lemmy.ml to Toronto@lemmy.ca · 1 year ago

Why are so many big-city condos sitting empty?

www.youtube.com

external-link
message-square
8
link
fedilink
  • cross-posted to:
  • canada@lemmy.ca
13
external-link

Why are so many big-city condos sitting empty?

www.youtube.com

Old_Geezer@lemmy.ml to Toronto@lemmy.ca · 1 year ago
message-square
8
link
fedilink
  • cross-posted to:
  • canada@lemmy.ca
Why are so many big-city condos sitting empty? | About That
www.youtube.com
external-link
In the midst of a housing supply crisis, thousands of condos in Canada's largest cities are sitting empty. Most, experts say, are less than 500 square feet. ...
  • Old_Geezer@lemmy.mlOP
    link
    fedilink
    arrow-up
    3
    arrow-down
    3
    ·
    1 year ago

    Hadn’t thought of that. How would they get their money out if the asset can’t be sold?

    • invisiblegorilla@sh.itjust.works
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      I don’t think it would matter. Put a loan against it. If the debt defaults, someone else inherits it…

Toronto@lemmy.ca

toronto@lemmy.ca

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !toronto@lemmy.ca

Toronto, Ontario, Canada

Friends:
  • !Ontario
  • !AskTO
Support lemmy.ca
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 41 users / day
  • 212 users / week
  • 580 users / month
  • 1.33K users / 6 months
  • 1 local subscriber
  • 2.01K subscribers
  • 590 Posts
  • 1.35K Comments
  • Modlog
  • mods:
  • durablenapkin@lemmy.ca
  • UI: unknown version
  • BE: 0.19.12
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org