Quote:
Originally Posted by Hayward
Plenty of buyers to just throw money around. When you have a lot if it, you don't have to be rational to pay 1000+ Psf. Just my opinion, after living downtown in a highrise with some decent views and right on the mag mile, you wonder why people care about the location so much anywhere else.
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Pretty much. If you're a household with say $50M to your names and need a new place to live, then around $2M might not be a huge deal especially given location, the unit, etc even if that would buy you way more in a suburb or other part of town.