Comments on: Vancouver – Greedy Landlords?

By: bs

bs — Fri, 15 Jul 2011 22:58:14 +0000

Good : if renters are so bad, as all landlords says, and if it is so exhausting to be a landlord : for once, go to work, instead of waiting for renters’ checks.

By: Finest Real Estate Info » Blog Archive » Vancouver - Greedy Landlords? | Vancouver Secrets

Sat, 13 Dec 2008 01:08:03 +0000

[...] unknown wrote an interesting post today onVancouver – Greedy Landlords? | Vancouver SecretsHere’s a quick excerptStevenson is also forgetting that rents are really out of sync with real estate prices – rent is approx 3% house/apartment prices – the norm is 10%. This puts landlords at a real disadvantage and the return on investment is no longer … [...]

By: DaveCF

DaveCF — Fri, 12 Dec 2008 22:11:46 +0000

I got out of the ‘landlord’ business when rent controls prevented me from covering rising costs. The government told me what I could do with my own property and put in no money but became a 50% partner when I sold due to capital gains. There is no incentive to be a landlord (in my town, the landlord can be fined for ‘permitting’ a grow-op in his rental premises!). A shortage of rental housing is strictly a result of governments meddling in the market place. No money to be made equals no investments made.