Toronto Condo Starts Up 70% Compared to Last Year. WTF?

Ok, maybe it’s all those people fleeing those condominiums with no reserve funds and huge debts only to do the same with another condo! But in this, still recession and lackluster recovery, Toronto is going gangbusters for condominiums!

Carrick: Strong bank sector, mixed urban use spurs condominium demand in Toronto
In the context of a highly regarded Canadian economy, Toronto kicks up its heels