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Toronto Condo Nightmare: Buyers Sued Into Bankruptcy 📲 BOOK A FREE CALL: https://www.ChatWithZhen.com 🏠 BUYERS - Decode Deals Here: https://www.primepropertiesto.com/buy... 🔑 SELLERS - Property Analyzer Here: https://www.primepropertiesto.com/sel... ►► Toronto Condo Nightmare: Buyers Sued, Facing Bankruptcy Over Pre-Construction Deals Pre-construction condo buyers are being sued. Some are even being pushed right into bankruptcy. And the worst part? This isn’t over; it's just the beginning. In this episode, I break down: — Why developers like CentreCourt are suing condo buyers who walk away from their pre-construction condo contracts; — How some condo buyers are now facing six-figure judgments and damaged credit for years; — The flawed incentive system that led to this and how policymakers and banks enabled it; — Why condo unit sizes shrank and were sold to investors who never planned to live in them; — How the entire Toronto pre-construction condo model was designed for flipping, not for living; — Why this market isn’t coming back soon and what that means if you’re holding or planning to buy a condo in Toronto; — Whether you're an investor, an end-user, or just trying to make sense of the headlines, this video gives you the full context of the current pre-construction condo landscape. 00:00 - The Toronto Condo Crash 00:57 - Why Pre-construction Condo Buyers are Bankrupt 03:29 - Over $400K in Condo Losses 04:36 - The Canadian Government Got It Wrong 06:19 - Why Condos Shrank 08:00 - Why Condo Prices Continue to Crash 🔔 Don’t forget to like, subscribe, and hit the notification bell for more data-driven real estate updates tailored for the GTA market. 📩 SIGN UP for our Curated Content Here: https://tally.so/r/wzdAQ1 #torontorealestate #torontocondos #torontocondomarket #preconstruction #torontopreconstruction #preconstruction #condocrash #condobuyer #condoprices ====================================== Find Zhen Here: Book A Call: www.ChatWithZhen.com Email: Zhen@PrimePropertiesTO.com Website: http://www.PrimePropertiesTO.com ======================================