Can you believe that, it’s incredible… there’s thousands and thousands empty condos in Montréal, a lot are new, and they continue to build them, sometimes even in high rising towers and all. A lot of them are illegal airbnb too.
Why they cannot sell them? They are small, expensive, and sometimes badly placed (no metro, no parking, bad area, place without services around, etc).
13 in 3 months in downtown area!!!
What’s going on Canada?
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This honestly feels like an Onion article. Is it true, though? I can’t find any other sources online that back this claim up. The first search result on Google is this very lemmy post (!)
From a reputed media : https://www.lapresse.ca/actualites/chroniques/2024-12-01/condos-neufs/entre-cata-et-espoir-a-montreal.php
Google translate https://www-lapresse-ca.translate.goog/actualites/chroniques/2024-12-01/condos-neufs/entre-cata-et-espoir-a-montreal.php?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=fr&_x_tr_pto=wapp