Condos are being built constantly -- and most of them sell out before they go on the market. The condos are all designed to be investment properties because th

Condos are being built constantly -- and most of them sell out before they go on the market. The condos are all designed to be investment properties because that is where the money is to be made. Unfortunately they aren't that great to live in. I live near an absolutely massive condo development currently under construction. People actually slept in tents in line to purchase one (and I don't know how successful that was). It's complete insanity and saying "build up" or "build more" lacks understanding of the market, the geography, the culture, and the foreign investment.