Does the data presented in that article really suggest that the apartments are actually empty or is it simply that it takes a while to sell out a new development? It's going to take a while to move a hundred units, especially if you want to increase the profits.
The StreetEasy report the article is inspired by actually shows that in 2019 there were more condos sold than completed.
The StreetEasy report the article is inspired by actually shows that in 2019 there were more condos sold than completed.