Over the last year, more than 200 real estate developments in Canada became insolvent. Andrew Chang explains why, at a time of high demand for housing, a growing number of projects are falling through. Here is a direct video link.
ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
September 3, 2024 | Why Are So Many Canadian Real Estate Developments Going Bust?
Danielle Park
Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com
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Danielle Park September 3rd, 2024
Posted In: Juggling Dynamite
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No sympathy. Developers are investors/speculators, just like stock market investors/speculators. You can win or you can lose.