• BlameThePeacock@lemmy.ca
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    1 year ago

    “at least 46 condos with this status have been listed” seems to be “Flooding the market”

    That’s stretching the definition quite hard…

    46 units is literally a drop in the 160,000+ unit bucket that is the Victoria real estate market. That’s 0.03% of the total units. A third of a tenth of a percent.

    This is exactly what I said would happen, people said “there’s so many it’s distorting the market” and I said that there’s not actually that many units and it won’t do a damn thing.