Pouyan Safapour, president of Devron Developments, advocates for Toronto to adopt a financing model for condo projects similar to New York City, where units are sold only after construction is completed. This approach aims to enhance quality and align supply with end-user demand, avoiding speculative buying. However, this model also carries risks related to economic fluctuations and requires strategic planning by developers and lenders. Proponents argue it would lead to better housing quality and benefit the broader real estate ecosystem.