🚨 22,000 condos completing in the GTA this year. Up to 35% could default.
One buyer just lost $130K when he couldn’t close.
Prices down 25% from the peak. Banks won’t fund the gap. Builders can sue.
This is how bubbles unwind. 🇨🇦 pic.twitter.com/xjwy18cjU0
— Shazi (@ShaziGoalie) February 23, 2026
And yeah, losing $130K hurts, but that’s the tuition for believing hype over math.