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Can you provide links to back up your assertion that investors would buy housing and then not utilize the space? Seems like a bad investment then...
by s0uthPaw88 11y ago
Can you provide links to back up your assertion that investors would buy housing and then not utilize the space? Seems like a bad investment then...
- abritinthebay 11y agoWell it does make sense short term but it would be a bloody stupid thing to do medium to long-term.
- mtviewdave 11y agoHere's a discussion from last week about an article on the situation in the UK: https://news.ycombinator.com/item?id=10158180 https://news.ycombinator.com/item?id=10158180 Here's a couple articles on the situation in Vancouver: http://www.theglobeandmail.com/life/home-and-garden/real-estate/its-a-problem-when-vancouver-condos-sell-but-the-lights-stay-off/article11147711/ http://www.theglobeandmail.com/life/home-and-garden/real-est... http://www.theglobeandmail.com/news/british-columbia/vancouvers-vacancies-point-to-investors-not-residents/article10044403/ http://www.theglobeandmail.com/news/british-columbia/vancouv... If you Google "Vancouver empty condos" you'll get an entire page of links.