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	<title>Comments on: Shame</title>
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	<link>http://www.greaterfool.ca/2009/12/09/shame/</link>
	<description>Book and Weblog - Authored by Garth Turner</description>
	<lastBuildDate>Wed, 08 Feb 2012 17:27:12 +0000</lastBuildDate>
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		<title>By: Drake</title>
		<link>http://www.greaterfool.ca/2009/12/09/shame/comment-page-3/#comment-53568</link>
		<dc:creator>Drake</dc:creator>
		<pubDate>Sat, 12 Dec 2009 15:28:12 +0000</pubDate>
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		<description>Nice Freudian slip at the end of that video.</description>
		<content:encoded><![CDATA[<p>Nice Freudian slip at the end of that video.</p>
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	<item>
		<title>By: pjwlk</title>
		<link>http://www.greaterfool.ca/2009/12/09/shame/comment-page-3/#comment-53491</link>
		<dc:creator>pjwlk</dc:creator>
		<pubDate>Fri, 11 Dec 2009 16:15:35 +0000</pubDate>
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		<description>#12  tjmikey :  Better make the list 11 long.  You forgot insurance agents/corporations!</description>
		<content:encoded><![CDATA[<p>#12  tjmikey :  Better make the list 11 long.  You forgot insurance agents/corporations!</p>
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	<item>
		<title>By: Peter</title>
		<link>http://www.greaterfool.ca/2009/12/09/shame/comment-page-3/#comment-53453</link>
		<dc:creator>Peter</dc:creator>
		<pubDate>Fri, 11 Dec 2009 06:03:17 +0000</pubDate>
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		<description>A developer typically needs to get around 70% of their units pre-sold before they can get financing from the bank.  Pre-selling units happens with almost any condominium project, otherwise it would be extremely risky for a developer and their lending institution because they&#039;d have to build buildings worth tens or hundreds of millions of dollars speculatively without knowing if anyone would want to buy their units. 

Also remember that there&#039;s a 10 day cooling off period. There will be lots of people in line who will try to reserve the unit they like the most, then do the serious thinking about their big purchase in the following days.</description>
		<content:encoded><![CDATA[<p>A developer typically needs to get around 70% of their units pre-sold before they can get financing from the bank.  Pre-selling units happens with almost any condominium project, otherwise it would be extremely risky for a developer and their lending institution because they&#8217;d have to build buildings worth tens or hundreds of millions of dollars speculatively without knowing if anyone would want to buy their units. </p>
<p>Also remember that there&#8217;s a 10 day cooling off period. There will be lots of people in line who will try to reserve the unit they like the most, then do the serious thinking about their big purchase in the following days.</p>
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	<item>
		<title>By: Bottoms_Up</title>
		<link>http://www.greaterfool.ca/2009/12/09/shame/comment-page-3/#comment-53430</link>
		<dc:creator>Bottoms_Up</dc:creator>
		<pubDate>Fri, 11 Dec 2009 03:07:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.greaterfool.ca/?p=4307#comment-53430</guid>
		<description>.#106 robert on 12.10.09 at 7:26 pm
----------------------------------------------
Same deal in Ottawa: I can drive 5 minutes to Loblaws and pay $5.15 for 4L skim milk and $1.49/lb for royal gala apples, or drive 5 minutes to Food Basics and pay $3.95 for milk and $0.99/lb for the apples....it&#039;s sick really, how the &#039;upper end&#039; stores gouge people....</description>
		<content:encoded><![CDATA[<p>.#106 robert on 12.10.09 at 7:26 pm<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
Same deal in Ottawa: I can drive 5 minutes to Loblaws and pay $5.15 for 4L skim milk and $1.49/lb for royal gala apples, or drive 5 minutes to Food Basics and pay $3.95 for milk and $0.99/lb for the apples&#8230;.it&#8217;s sick really, how the &#8216;upper end&#8217; stores gouge people&#8230;.</p>
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