With each condo opening, my past clients and new clients call with questions regarding the specific project. My next question for them is always "Are you buying this as an investment or to live in?". Although my stats don't represent the pre-construction industry in general, I have found that 90% of everyone I talk to is buying as an investment and 10% as end users.
Surprisingly though, I have been seeing many more end users calling me for Expo City then I have investors. Roughly 60% of the calls are coming from end users and about 40% from investors. And even more surprisingly, a lot more investors are on the fence about whether they will move in or whether they plan on renting or selling the unit once its complete or near completion.
I for one like the fact that many end users are interested in Expo City. The only thing that concerns me is, will there be enough end users to sell out the project?... Only time will tell.
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