Because if you weren’t standing out on Merton Street last night for hours and hours on end, then clearly you’re not part of the in-crowd.
In order to answer the constant stream of questions about “why” and “how” our condominium market continues to chug along, you have to consider the way pre-construction condominiums are sold.
So long as you can get people to line up for hours (and it’s not even winter!) as demonstrated in this video, the market will continue to rise…
I don’t know if I can add anything of value to this video with mere words.
I only wish I was videotaping the lineup for freehold properties, often north of the city, where people line up for days.
A client of mine told me about one such experience she had years ago.
There are “professional” line-waiters who will stand in the queue for as long as is needed, in exchange for a fee.
My client was buying a freehold townhouse in Markham, and people started lining up seven days in advance. In order to keep your spot in the line, you had to “check in” six times per day, from 8am to 8pm, and return the next day to take your place. If you were late, or didn’t stay until 8pm, or weren’t present for one of the six “check-in” times, you were disqualified.
For six days of waiting in line.
Career change, anyone? 🙂