Refer to post from financialpost.com ,
https://financialpost.com/real-estate/investors-pumped-billions-into-suburbs-that-never-got-built
"Walton says the severity of the real estate recession was "unforeseen," and the recovery in the U.S. has been much slower than expected, leaving some of their lands unsold. "
Just be careful if you invest into land banking, especially Asia investor.
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