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Feb 9 2022 03:50pm
Housing market is faaaacked hard
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Feb 9 2022 04:01pm
Quote (badasses @ Feb 9 2022 04:02pm)
to be honest, one of my buddy rents and his landlord has kept his rent basicallysame for the past 6 years, only bumped it up like by $100/month two years ago. He lives in a basement suite by Jericho beach. The old couple said they don't have a mortgage they don't really see a need to nickel and dime someone.

I'm renting out my condo right now and I'd probably do the same if my next tenant good and is trying to save up as well (my current one is moving out because they ended up buying their own place)



What I’ve been doing since 2015 lol. Only Bumped their rate up by 100 bucks a month when I moved out in 2018.
Upstairs moved in 2018, haven’t done any changes with them.

If they’re good, why try to get another few bucks.

Also, checking in with 2 houses, 3 if you include the gfs B)

This post was edited by partank on Feb 9 2022 04:06pm
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Feb 9 2022 04:26pm
Quote (badasses @ Feb 9 2022 01:02pm)
to be honest, one of my buddy rents and his landlord has kept his rent basicallysame for the past 6 years, only bumped it up like by $100/month two years ago. He lives in a basement suite by Jericho beach. The old couple said they don't have a mortgage they don't really see a need to nickel and dime someone.

I'm renting out my condo right now and I'd probably do the same if my next tenant good and is trying to save up as well (my current one is moving out because they ended up buying their own place)


For every landlord like that there's 10 who wants the tenant to pay all their bills or get the absolute maximum cash possible. Market is too tight so squeezing tenants is the norm rn.
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Feb 9 2022 05:03pm
Quote (partank @ Feb 9 2022 03:01pm)
What I’ve been doing since 2015 lol. Only Bumped their rate up by 100 bucks a month when I moved out in 2018.
Upstairs moved in 2018, haven’t done any changes with them.

If they’re good, why try to get another few bucks.

Also, checking in with 2 houses, 3 if you include the gfs B)


Didn't know you were a slum lord
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Feb 9 2022 05:53pm
Quote (max09 @ Feb 9 2022 03:18pm)
nop
not at all lol

they've been doing this bs for sometime

bid a stupid amount

and after the house inspection

they try to drop the price by 30-70k by picking on every lil thing that need to be done



buy my house then
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Feb 9 2022 07:10pm
Quote (Gonorrhea @ Feb 9 2022 03:38pm)
Move to B.C. , we’ll show you real housing prices


just absurd lol
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Feb 9 2022 07:12pm
Quote (Bicks @ Feb 9 2022 05:10pm)
just absurd lol



Just bought a house last year for 990

Just got accessed a year later by our realtor and could sell for 1.8

Dumb lol
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Feb 9 2022 08:53pm
Quote (Subban2 @ Feb 9 2022 06:53pm)
buy my house then


haha
I might xD
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Feb 9 2022 09:12pm
Quote (Hizkuntza @ Feb 9 2022 12:56pm)
honestly more fucked to rent outside of metro van than inside lol. you can at least live somewhere like Burnaby/Richmond/Surrey then ditch your car. end up saving a lot of money not needing to pay insurance/gas/maintenance every month. there's a ton of places to rent and you can easily get around with public transit. worst case scenario there's ridesharing.

on the other hand vic has pretty much gotten just as expensive to rent, yet transit is complete shit. either you rent in/near downtown or you're gonna lose so much time with buses.

then of course the rest of bc has nonexistent transit infrastructure so you either have a car or die. yet these places barely have purpose built rentals and have barely built new homes despite the housing crisis being province-wide for a while now. so good luck even finding a place at all, then finding parking then not paying out of your ass.

"BC = bring cash" has never been more true. I've been leeching off my parents during the pandemic and putting almost everything I make into investment, and the returns have been nice. yet if I had bought something at the top of my mortgage eligibility in 2020 I would've had more networth even though I would've been paying the bank, taxes, strata, etc.

and if you've been paying market rents... well, every month you're essentially falling behind everyone else.


Yeah we're sharing a house with two friends.
Fiancee and I moving to Ottawa in the summer. Not any cheaper unfortunately :lol:
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Feb 9 2022 09:37pm
Quote (Toshster @ Feb 9 2022 07:12pm)
Yeah we're sharing a house with two friends.
Fiancee and I moving to Ottawa in the summer. Not any cheaper unfortunately :lol:


ottawa was super cheap when I lived there a couple of years ago, $450 for a room in an a/c dorm near U of Ottawa lol. too bad my roomie was an actual frenchie snob.
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