For a while there the most sensible money move if you had a small apartment available was to rent it out in a short term basis on Air BnB, but that market has crashed lately.
Does that mean more units looking for long term tenant and with more supply will we see lower rent prices? So far rents are down about 7% since December, will they bounce back soon?
It’s the end of another week and that means it’s time for another open topic discussion thread!
In the competition for Number 1 victim, I’m afraid Dave is completely out of the running. They seem incapable of blaming others for their problems and instead resort to reason and debate.
A very persuasive argument is made by Vancouver Born & Bred that they are the number one victim. Reality seems to be very hard on this poster who has been marginalized as a white trump-supporting virus-denying commenter that constantly posts ‘culture war’ argument starters.
Commenter Slava fails to make a convincing argument of their own victimization, but seems to argue that acknowledging gender identity in education is very similar to what the Nazis did? Is that far enough from the topic of real estate?
So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below (see if you can find anything that relates to real estate) and have an excellent weekend!
What is about that special intersection of right-wing nutbaggery and victim mentality that blossoms in a free speech zone?
Amongst the many thing we didn’t correctly predict when we started this site with a hands-off-let-people-say-what-they-want policy was they way that it would devolve into a looney batch of commentators all eager to show that they are more victimized than the victims that are getting media attention.
Reading through comments here we can see who the real victims are: many of the commentators on this site! They are victimized by the media, by classist minorities, by reality. Everything is against them and it’s just not fair!
And you know what also isn’t fair? Making them cry out endlessly about oppression without giving them any real good strong evidence of oppression!
So let’s do what we can to show the sad racist wingnuts that they are being oppressed: let’s have a vote on which regular commentator we should ban! Post a link in the comments below to evidence that said commentator should be banned and feel free to back it up with a reason.
It’s well past time for VCI to join cancel culture, we apologize to people with brains and decency that we haven’t done it sooner.
Canadas top central banker says there will be lasting economic damage due to the Covid-19 pandemic with a “prolonged and bumpy” path to recovery.
In his first speech as governor, Tiff Macklem says the central bank expects to see growth in the third quarter of this year as people are called back to work and households resume some of their normal activities as restrictions ease.
But he warns that Canadians shouldn’t expect the short and sharp economic bounce-back expected over the coming months to last.
The combination of uneven reopenings across provinces and industries, the unknown course of consumer confidence, and unemployment rates will “likely inflict some lasting damage to demand and supply,” Macklem says in a speech Monday.
He said ongoing physical distancing rules may mean workplaces can’t be as productive as they once were, adding that many services will remain difficult to deliver.
Not everybody’s job will come back.
Another wonderful day in Captain Vancouvers’ namesake city!
It’s time for another open topic thread, we’ll just share one link for now:
–Five numbers to douse high hopes for the housing market.
So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have a beautiful weekend!