I’m sorry I don’t mean to imply that you were any of those things, I simply used your post to generalize the citizens of Vancouver, just like you did to investors.
2, your area would be worse off, if the rich didn’t buy those places, they’d become condemned, they wouldn’t sell, they would cost $ to demo, would make the place ugly and wouldn’t generate any tax for your city.
Idc if your low, mid or high income, anyone can do it, it simply takes “BALLS”, use other people’s money, or risk your own via mortgage etc, or save. if people keep making and believing this kind of talk, they will be forever poor.
And to say these property buyers don’t work hard, well maybe some don’t, but they probably worked hard to get there. I’ve worked 100s of 140hour weeks, and most of my non highschool grads are making damn close to $100k a yr and I just handed out 31 $10k Xmas bonuses and a huge, f in huge amount of $ in no rent December so go ahead and lump me in with those so called scummy landlords, I’ve got an army of people who adore me, 1 less on here 🤷🏼♂️
Thanks for the heads up on Vancouver, I’ll be looking for property there now, sounds like a gold mine.
twinkle_toesMy sincerest apologies. I'm sorry my low income, low skill, bitter and uneducated opinion has soured your mood. My heart aches for the trouble I have caused you. Must be a hard life for you buying up all the property in a town and driving up housing prices. Im sorry you think you're so high and mighty that your passive income is being threatened. Wouldn't we all love to have 1000s of houses that bring in passive income so we never have to work? Nah... too uneducated to handle that. Leave it to smart folks like yourself to take care of us. Bless you for being our savior.
Mind you. I live in Vancouver, there are over 100,000 vacant units and a housing crisis because of people like you that buy up property all in hopes of making money. Its literally impossible to buy property on income alone, even for upper middle class folk. So no, its not a matter of being stubborn, jealous, uneducated, or low skilled lol