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    19 Kommentare

    1. WhatTheTech on

      Oh no! Who will landlords rip off now??

      SOMEONE, PLEASE THINK OF THE MULTI-PROPERTY OWNERS!!

    2. So the demand is lowering. That means they can lower their rent prices because the demand is gone.

    3. 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.

    4. northern225 on

      Correction: “when the international students disappeared, Canadians in college towns were able to afford rent and find jobs again.”

    5. 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.

    6. Little-Chemical5006 on

      When you treat real estate as investment, dont complain when it goes down

    7. SAMURAIwithAK47 on

      Close the pr pathways and stop giving out free handouts they will immediately self-deport themselves

    8. StasisApparel on

      What’s happening with international students here? Is there a enforcement police force here too?

    9. 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.

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