[CaliNative]

Perhaps, according to some sources. Condo towers especially seem overbuilt, as foreign buyers pull back. The Vancouver boom especially has popped, and sales and prices are plunging. NYC is also slowing; condo prices in the large number of new towers nearing completion are falling as buyers seem scarce & picky. Chicago has turned glacial, with only a few buildings under construction. Red hot Toronto is slowing too. I think the L.A., S.F. & San Diego booms could slow, but not grind to a halt for this cycle unless the economy enters a recession. Office rents are holding up well, especially in S.F., but a recession could change that too. The current boom has been wonderful & amazing, producing Salesforce in S.F. & Wilshire Grand in L.A., and innumerable other towers, so enjoy it while it lasts.