Despite the lack of demand, condo prices have only slipped 2.6 per cent over the past year with developers
refusing to take a financial hit in the face of high interest rates.
Another reason condos aren’t selling is because the units are small, a trend that has emerged over time as developers try to cope with high development fees and taxes.
“It’s an incredible mismatch,” said Butler, referring to what is currently offered by the market and the kinds of housing people want and need.
Imagine that, there being multiple factors. You seem like the sort of person who would cut out drinking cokes but eat an extra large Pizza and claim that not drinking coke doesn't help when losing weight.
Also Ebb and flow
But your inability to understand and accept the impact of supply and demand [as well as your apparently tendency to cut and past links without reading them or considering them critically makes your opinion pretty much of no value, or so I read in Lancet.