Why the condo slump matters for the housing crisis
The Decibel
00:00
Challenges in the High-Rise Condo Market
This chapter explores the financial difficulties of a high-rise condo project in a prime location, highlighting the impact of debt defaults and the intervention of a court-appointed receiver. It also analyzes the current condo market conditions, including the factors affecting buyer hesitance and the stability of pricing amidst an oversupply of properties.
Play episode from 13:20
Transcript
