Change the condominium bylaws to support buyers and not sellers!
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There have been many Condominium cancellations over the past year. The builders are taking advantage of the buyers without any remorse. There have been too many issues where builders cancel their projects because they see that they can make more money by raising their prices. This act has 0 consequences on their part. The builders do not lose, the BUYERS lose. The buyers are then put back into a market (2 years later in Cosmos Condos case) with prices that are DRASTICALLY HIGHER than when they came in. This is unjust. These buyers SHOULD receive the retail value of their property at the time of cancellation, not when it was first purchased.
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