Quote:
Originally Posted by yray
developers short for cash now?
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Easier and quicker to get cash from a pool of retails rather than going to a bank.
This increases liquidity but there are risk with development being delayed or abandoned. Mom and pop ends up holding the bag. There are enough of these in Ontario that they came down hard July this year and imposed a dollar limit on how much you can put in.
https://www.cbc.ca/news/canada/toron...help-1.4603945