SOMEONE, PLEASE THINK OF THE MULTI-PROPERTY OWNERS!!
varsil on
Stop, stop, I can only get so erect.
NSAseesU on
So the demand is lowering. That means they can lower their rent prices because the demand is gone.
Charcole1 on
Thank God, next we need to examine recent PRs for signs of fraud
D_A_K on
oh no anyway
Every-Positive-820 on
Boofuckinhoo
Agreeable_Store_3896 on
Interesting.. I could have sworn some folks on this sub used to get mad at you and call you racist for implying that lowering student immigration would lower demand and thereby lower rental costs.. I was told that corporations and landlords would simply raise rent. Huh.
northern225 on
Correction: “when the international students disappeared, Canadians in college towns were able to afford rent and find jobs again.”
kasajizocat on
Perfect! Time for a good reset
Agile-Assist-4662 on
Oh noes, people that built an entire business on grift are suffering…maybe we should go fund them or something…..golly, I hope I can sleep tonight worrying about the scum suffering.
Little-Chemical5006 on
When you treat real estate as investment, dont complain when it goes down
SAMURAIwithAK47 on
Close the pr pathways and stop giving out free handouts they will immediately self-deport themselves
Helpful-Birthday4414 on
It’s what everyone wanted. So good, it’s working.
StasisApparel on
What’s happening with international students here? Is there a enforcement police force here too?
Bananasaur_ on
When they appeared we felt it too…
sc9908 on
I work in higher level management for one of the banks in real estate secured lending risk policy.
Later last year as it was becoming clear less international students would be attending school in Canada and less immigration in general was going to be the norm going forward questions started being asked about by other departments and teams (particularly by sales management and product management) around and policy changes or programs offered that would support the owners of rental properties particularly affected by these changes in immigration in Canada (such as mortgage amortization extensions, payment capitalizations among other things). Most are surprised when the answer is a simple “no there is not anything being planned for to support this client segment”.
When buying a rental property with heavy leverage a risk is being taken. I don’t know where these property owners got it in their heads (and many within the industry) that they shouldn’t have to take a loss if things don’t work out in their favor. When the owners of these properties start calling their lenders asking for help because they cannot cashflow them any longer the only suggestion they should be given is “sell it if you cannot afford it”. There should be no supports given what so ever to owners of rental properties. Perhaps this can help even out the real estate market a bit.
Waltu4 on
WOOOOOOOOOOOOOOOOOOOOOOOOOO!
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19 Kommentare
Good! More!
Huh…
Oh no! Who will landlords rip off now??
SOMEONE, PLEASE THINK OF THE MULTI-PROPERTY OWNERS!!
Stop, stop, I can only get so erect.
So the demand is lowering. That means they can lower their rent prices because the demand is gone.
Thank God, next we need to examine recent PRs for signs of fraud
oh no anyway
Boofuckinhoo
Interesting.. I could have sworn some folks on this sub used to get mad at you and call you racist for implying that lowering student immigration would lower demand and thereby lower rental costs.. I was told that corporations and landlords would simply raise rent. Huh.
Correction: “when the international students disappeared, Canadians in college towns were able to afford rent and find jobs again.”
Perfect! Time for a good reset
Oh noes, people that built an entire business on grift are suffering…maybe we should go fund them or something…..golly, I hope I can sleep tonight worrying about the scum suffering.
When you treat real estate as investment, dont complain when it goes down
Close the pr pathways and stop giving out free handouts they will immediately self-deport themselves
It’s what everyone wanted. So good, it’s working.
What’s happening with international students here? Is there a enforcement police force here too?
When they appeared we felt it too…
I work in higher level management for one of the banks in real estate secured lending risk policy.
Later last year as it was becoming clear less international students would be attending school in Canada and less immigration in general was going to be the norm going forward questions started being asked about by other departments and teams (particularly by sales management and product management) around and policy changes or programs offered that would support the owners of rental properties particularly affected by these changes in immigration in Canada (such as mortgage amortization extensions, payment capitalizations among other things). Most are surprised when the answer is a simple “no there is not anything being planned for to support this client segment”.
When buying a rental property with heavy leverage a risk is being taken. I don’t know where these property owners got it in their heads (and many within the industry) that they shouldn’t have to take a loss if things don’t work out in their favor. When the owners of these properties start calling their lenders asking for help because they cannot cashflow them any longer the only suggestion they should be given is “sell it if you cannot afford it”. There should be no supports given what so ever to owners of rental properties. Perhaps this can help even out the real estate market a bit.
WOOOOOOOOOOOOOOOOOOOOOOOOOO!