The Reality of Real Estate: When Home Buyers' Expectations Don't Match Reality

The ultimate home buyer hypocrisy. Buyers are complaining as their real estate deals go sour because they were under the impression prices only went up. As real estate prices go down and the bubble bursts now they are in hot water with the banks and builders. Now they are threatening lawsuits against companies like Mattamy Homes which is ironic because Mattamy could be suing them for trying to back out of their contract. There is a complete lack of acknowledgment of risk. We also talk about the previous story regarding an Uber driver that bought a $2 million house.

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