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An estimated 40,000 to 60,000 condo hotels are being developed for sale in the next 1.5 years. Who will buy all these condos? Is there a bubble in condo hotels? Does the consumer even demand condo hotel units? The real estate markets may have slowed, but we all must remember that we have been setting records in sales volume. The slow down is a reversion to an average historical pace. Unlike traditional condos, condo ...
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