I'm not an expert, but Toronto's condo market looks to be out of control

[riverbendviewgal]

2. Perhaps it will but there may be problems before it does

or it will be the cause of the bubble burst.
this is 4 days ago from the Toronto Star . BTW, I love Toronto.. it is truly the Little Apple as compared to NYC's Big Apple. I would hate to see this happen. (buildings crumble)

While Toronto's housing boom rolls on, some of the housing itself is falling apart.

Canada's biggest city has more than 100,000 units under construction as developers and investors seek to cash in on condo prices that are up 25.7 per cent in the city over the past five years. The trouble is, many buildings are so poorly constructed that some residents fear that the money-spinners of today could become the slums of the future.

Glass panels have been falling off newly built Toronto condos, including the luxury Shangri-La and Trump towers and a dozen or more lesser-known buildings across the city. New buildings suffer from water leaks and poor insulation, making them ill-suited to Canadian weather.
http://www.cbc.ca/news/canada/toronto/fears-that-shoddy-toronto-condos-could-become-future-slums-1.2796979