Quote:
Originally Posted by ardecila
If I had to guess, they’ll probably wait to sell townhouses (or even finish them from raw) until the first landscaping package is done. If you’re selling park and river views, I don’t think buyers will be happy to have to look out on a dusty lot for another two years after they close.
|
Agree. From a business standpoint the housing market has been on the rebound for a while and I think it makes sense to sell townhomes until the rental market absorbs some of this excess inventory.
I would wait a full year before starting another rental tower.