[djforsberg]

I haven't had a chance to read through all this unit price speculating but there is no way they will be going for anything less than $250K, which I'm inferring someone is suggesting Westgate to advertise. If you look on MLS, condos all over Regina are going for well over that price. With the corner of Albert and Vic being a prime location (at least it should-be), I cannot see the units going for less than even $300K. No company would be doing as much as Westgate is doing with its open houses and development discussions or the other companies who are already building large condo developments elsewhere in the city (mostly in the east) if they didn't think they were going to get market rate, which right now I'm estimating to be anywhere between $300K and $400K.

My 33 year old house that is 800 sq ft was purchased for $235K in the summer. If I could have bought a brand new 900 sq ft condo downtown for the same price or less, I would be ridiculously angry now and the real estate market would be collapsing.

Or am I missing a point...