Correct me if I'm wrong, but isn't this post more appropriate for the Real Estate thread?
Having thoroughly read the article, i disagree that it is a "bombshell". Merely a sensationalized headline derived from one court case. the bottom line of the article is One guy successfully backed out on his purchase. is that enough to start the article with "Millions in deals could be on the verge of unravelling at the exclusive Trump tower"???? No. Its a total exaggeration and I am still of the opinion that it doesnt relate to the construction thread. Bombshells are when construction is put on hold or financiers back out or the building is deemed unsound....one guy backing out of his agreement isnt a bombshell, its a guy backing out of his agreement and a toronto star reporter glorifying itNormally yes, but given the bombshell nature of this story it belongs on the first page not in the real estate section hardly anyone visits.
Exactly. The Star was trying to create some type of sensational article, but the simple truth is, she was speaking about two out of over 270 purchasers. In any development project, there will always be a handful of buyers who back out, are unable to honor their agreement, etc. And, as they are contractually obligated, they will look for anyway they can to get out of a contract. It's nothing out of the ordinary. For whatever reason, she chose to single out Trump Toronto--which I guess is a better headline and gets more readership?Agreed. The Toronto Star is starting to make the British tabloids look sophistated!