DK RentalA collection of research and reports on the topic of Rental Stats & Trends in the rental property management business around the globe. Read through, see where opportunities are heading and share your opinions.
Doing background and credit checks on tenants not only reduces risk to the landlord but also to the tenants. Are you doing background checks on your tenants?
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These changes to BC’s housing rules will help add more rental supply stock onto the market. Some of these new tenants may create more issues for the existing residents.
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What percent of real estate investors can’t hang onto their rental properties even at higher market rents?
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Asking rents peaking. October rents seeing downward pressure.
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Liv.rent's rent analysis is a fair representation of the rent rates across the different municipalities vs. other reports that make it look like the high asking rents in downtown Vancouver are the same across the board. What are your thoughts?
If you read the stats, the problem isn't new as it has been happening for decades. The question is instead of blaming the government and society for the lack of rental housing. How can both the private and public sectors create a viable solution to address the multiple tiers of housing for each demographic group? The fact is that new purpose-built rentals are not "cheap" unless they get subsidized by the government. As buildings age, the maintenance and repair costs increase. A never-ending and challenging problem. Can near and long-term solutions are created by crowdsourcing?
Vancouver continues to attract global tech companies. We are the Silicon Valley of the North. Attracting more highly skilled workers who need rental housing.