Mike in TO
Senior Member
I dont know about that.The doom and gloom is not affecting all developers.
It's not, but nobody is taking any gambles right now... there have been quite a few layoffs within the industry in the past couple of weeks. Also the negative media coverage has been over-reacting and sensationalizing the situation (especially drawing comparisons to the U.S. – when out banking and housing fundamentals are very different) – unfortunately that has had a significant impact on sales traffic. It's impacting everyone right now - there is a lot of caution within the industry - no one will be 'over-engineering' footings and elevator cores to gamble on future density allocations.