"Why I Won't Sell Condos"

November, 1979

Something has to be said, and there's at least one person in the business willing to say it. He's a real-estate agent who used to work for a Chicagobased company, one of the biggest condo converters in the country. Now he's on his own in another city. He faced this question of condominiums before most of us had thought about them, because he had the chance to market condominiums for his former firm just as they were starting to take off in price appreciation. This man refused to sell condos.&quo...