Bad Paper

This shouldn’t come as much of a surprise, but according to the WSJ the condo situation is about to get worse. Another 10,000 units are due to hit the market in South Florida and 4,000 new condos are expected in both Atlanta and Phoenix. And while the DFW market isn’t mentioned in the article, I am wondering who is supposed to buy all the condo units under construction in the downtown Dallas area.

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