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"LRTs displace all the poor people"?
#17
(11-06-2015, 03:25 PM)mpd618 Wrote: In a market with market pricing that has to be competitive, rents cannot be dictated entirely by the mortgages. As one data point, brand new condo rentals in Sage 5 can be had for $1000/month.

Further to this, I have known or suspected speculators/amateur investors/landlords of individual condo units to be renting their units at a loss, instead hoping for capital appreciation over current income. I've even seen condos pitched to prospective investors as a way to reduce taxable income (through early-year losses on a rental unit).
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Messages In This Thread
"LRTs displace all the poor people"? - by ookpik - 11-06-2015, 09:20 AM
RE: "LRTs displace all the poor people"? - by MidTowner - 11-06-2015, 03:29 PM
RE: "LRTs displace all the poor people"? - by nms - 01-28-2016, 10:49 AM
RE: "LRTs displace all the poor people"? - by nms - 01-29-2016, 01:48 PM
RE: "LRTs displace all the poor people"? - by nms - 05-09-2016, 01:17 PM
RE: "LRTs displace all the poor people"? - by nms - 04-10-2017, 12:54 PM
RE: "LRTs displace all the poor people"? - by nms - 04-20-2017, 11:28 PM

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