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The Tale of Urban Corp: Investing in Pre-constructed Homes

Author: 
Alex Hood
Publication date:
June 4, 2022
Article Summary: 

This blog post discusses the controversy surrounding Urban Corp, a Toronto-based condo developer, and their investment scheme. Urban Corp allegedly encouraged investors to purchase pre-constructed homes and then resell them for a profit, promising high returns on investment. However, many investors ended up losing money when the real estate market crashed in 2017. The blog post emphasizes the importance of due diligence when investing in real estate and the risks associated with pre-construction investing.

Keywords: 

Urban Corp, pre-construction homes, real estate investment, due diligence, risks, Toronto, condo developer, investment scheme, real estate market, controversy

Source Citation: 
Alex Hood
The Tale of Urban Corp: Investing in Pre-constructed Homes
June 4, 2022
https://strata.ca/blog/the-tale-of-urban-corp-investing-in-pre-constructed-homes
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