Quote of the day: disaster ahead for condo market

“Two trends are converging and it is not good news: an oversupply of condo construction just as lenders tighten the noose on ezzzzzzzzzzzzzzzzzzzzzzzzzzzzzzy home loans. The sub-prime fiasco is going to aggravate an already looming condo disaster.” – Brad Inman, writing on the blog InmanNews (Visited 52 times, 1 visits today)

“Two trends are converging and it is not good news: an oversupply of condo construction just as lenders tighten the noose on ezzzzzzzzzzzzzzzzzzzzzzzzzzzzzzy home loans. The sub-prime fiasco is going to aggravate an already looming condo disaster.”

– Brad Inman, writing on the blog InmanNews

(Visited 52 times, 1 visits today)