Greedy speculator angry at low-life developer. (Boo-hoo)
Angry Trump condo buyer wants out
Alice Batista readily admits she was blinded by dollar signs and slick advertising when she dialled up the Trump hotel and condo sales office back in 2006.
greedy speculative fools all around.
who in their right mind would pay 35+% appreciation in 6 months ... if that isn't a sign of a speculative bubble, please show me what is !?!
$1500 psf in 2007 !?!
from the article:
"Legal documents obtained by the Star show that sales director Adina Zak bought the preconstruction condo for $948,100 in 2006 and flipped it to Batista six months later for $350,000 more.
It was only in November, when Batista listed the hotel/condo suite with a realtor, that the agent discovered it was just 856 square feet, not the 1,000 square feet Batista says she bought in 2007."
But her boss, Talon chief executive Val Levitan, defends the sale, saying he had a “moral obligation” to let Zak — “and a few other customers” — buy a unit and flip them for their own profit.
“Adina has been with me for 11 years. She is a very dedicated person who I wanted to do a favour for . . . Sometimes you make an exception. The world is not black and white.
someone has really skewed morals