Home-builders are building the wrong darn products

By Bruce Firestone | Business Models

Mar 05

If you are like me and think most condos are poor investments with little or no ROI for investors, homeowners, visitors, guests, neighbors and neighborhoods, let alone the environment, well, have a look at these over-priced, over-hyped “branded” homes.

Who said: There’s a sucker born every minute?

Mind you, branded waste-of-space places apparently sell for 31% more than comparable non-branded apartments

Bruce M Firestone, B Eng (civil), M Eng-Sci, PhD
Real Estate Investment and Business coach
Century 21 Explorer Realty Inc broker
Ottawa Senators founder
1-613-762-8884
bruce.firestone@century21.ca
twitter.com/ProfBruce
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brucemfirestone.com

-MAKING IMPOSSIBLE POSSIBLE
-FREEDOM VIA REAL ESTATE INVESTMENT AND PB4L, PERSONAL BUSINESS FOR LIFE
-FEHAJ, FOR EVERY HOME A JOB
-MAKE YOUR HOME WORK FOR YOU, INSTEAD OF YOU WORKING FOR IT
-HIGHER ROI NOT JUST FOR OWNERS AND INVESTORS, BUT FOR TENANTS, GUESTS, VISITORS, NEIGHBORHOODS, COMMUNITIES, TOWNS, VILLAGES, AND CITIES TOO

According to Wikipedia: There’s a sucker born every minute is a phrase closely associated with P. T. Barnum, an American showman of the mid-19th century, although there is no evidence that he actually said it. Early examples of its use are found among gamblers and confidence men

Excerpt from: Bloomberg Businessweek, Feb 18, 2019

McMansion image source: Brett VA – Bulcolic Mc Mansions LeesburgUploaded by AlbertHerring, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=29431340

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About the Author

Bruce is an entrepreneur/real estate broker/developer/coach/urban guru/keynote speaker/Sens founder/novelist/columnist/peerless husband/dad.

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