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Buy 1 Get 1 Free Houses

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By John Pasalis

John Pasalis in Real Estate Trends

I first saw this ad on Garth Turner's Greater Fool blog.  You know things aren't going well in the US real estate market when you see ads like this from developers.  This developent is in southern California just north of San Diego.  Fortunately I don't see Toronto real estate developers offering Buy 1 Get 1 Free houses any time soon. 

Twoforone

John Pasalis is a sales associate at Prudential Properties Plus in Toronto and a founder of Realosophy. Email John

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Published: June 05, 2008
John Pasalis
John Pasalis - John Pasalis is the founder and President of Move Smartly, a Toronto real estate brokerage that helps buyers, sellers and investors navigate the Greater Toronto Area housing market. A frequent commentator on Toronto real estate, John has contributed to the Globe and Mail, BNN Bloomberg and the Wall Street Journal, and his work has been cited by the Bank of Canada, the IMF and CMHC.

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