that's not true… if the "market" is to be believed, many people would buy those condos, just not at the current price
if the current bag holder (some company) takes a bath of these, so be it… the entire market would not collapse and I guarantee you the rest of the bag holders will adjust, if only temporarily
what seems to be happening here is that we buy these overpriced condos to sell them at a loss … the greedy companies keep fattening and we eat the market correction

100% on purpose, then the same companies push for "personal responsibility" and "vote with your wallet" movements, instead of real regulation, knowing full well they can misinform us into doing whatever they want