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Re: Millennium Place III | Hayward Place
That helps explain the lack of downward pressures on condo/lux apartment prices even when they go unsold for years... they're just holding out for wealthy internationals looking for a fourth or fifth residence. Why drop prices for locals who would live there year round when you can hold out for an international who'll pay full price and only be there once every few years...
That helps explain the lack of downward pressures on condo/lux apartment prices even when they go unsold for years... they're just holding out for wealthy internationals looking for a fourth or fifth residence. Why drop prices for locals who would live there year round when you can hold out for an international who'll pay full price and only be there once every few years...