this post was submitted on 29 Jun 2026
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I can't believe I'm agreeing with lil PP. This does sound like a bailout and it'll keep process a little higher than they should be. Give the developers 10-20% less than their break even amount though and I'll be ok with the buyout since they need to learn their lesson - don't build shit condos no one wants.
Don't fall for it. Pp would do the same.
It sounds like a bailout but it's a great program, it's good timing to come in and acquire housing stock at a discount
Why give them anything?