I moved to Mission from Vancouver this year. I wish i did this 10 years ago. The train lets my wife get to work downtown. I am used to non-stop sirens, screaming and pigeon shit, coming from Vancouver. Now all i hear is harleys, race cars and dogs barking. The nights are actually quiet. A little train noise but i didnt notice until someone mentioned it.

7:48 The Gorge Amphitheatre is looking a little different these days 😂

landlords are parasites and their role in society is as dated as that of the king and the serf. your time is running out. good luck scalping human necessities

Let's gooooooooooooooooo

Cloverdale, let's gooooooooo. 🎉🎉🎉

its crazzy i work in hvac and every house i have installed a new air conditioner or furnace has a rental suite that they dont use or rent out anymore cause they dont want to deal with tenants i wonder if in the future prices stay high and rental market gets down or close to 0 in vancouver

Wrong again doughhead

The greed which is the real estate industries. Yes, the greedy landlords with two or three homes, the rental management companies, the REITS, the private equity firms....they are driving this skyrocketing rise of property values. People can't pay these rents. But the greed persists until they bleed the population dry. What's that? A crash? We all know where the blame is going to go. The government.

So, ideally, you would want tenants to move out every year to keep rent at market value?

Long time landlords of a tiny house in North Vancouver. We're losing so much money and we've had it. We're selling and some developer will tear down our house and build a $3M house. How's that helping tenants

Too skewed for tenants as that is vote buying

The issue is that people in BC have to share 6% of the provinces land, and most of that is owned by big companies.

The more costs and risks they add the more rent goes up. All added costs are passed on to tenants eventually, just like when government adds new regulatory requirements or taxes on other goods and services which are passed on to consumers. Also Tenants should not have personal information of home buyers nor any real estate sale, ever. They only need the identity of their current landlord, or the next one after ownership changes. Rent is set to really rise a LOT all due to Eby/Kahlon combined with the slow rate of new home building in Canada despite high immigration.

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$900 for a room ? Its not a room it's actually storage. Expensive and not affordable, not safe

After the four months and the tenant refuses to leave how long will it take to evict him.

So if you're a landlord and you give notice to leave what if the tenants decide not to pay a couple months rent?

This video aged like dogsh*t

do you do these thumbnail photos while doing business in a washroom ?

Speculators put money into cash flow negative properties. Investors do not. I think you’re right - speculators will see this is a disaster and leave causing the price of these properties to normalize into a range that is reasonable for investors who want cash flow positive assets. I don’t feel bad for the speculators who drove the market to insanity when they lose money on having a property fall back to sanity. I think you’re probably right it will cause rent to go up, but no one is out here with any solutions that will cause market rent rates to fall, so tell me something new.

This is all caused by rent control. The result is opposite.

cash for keys ive gone through 3 of these situations. went from $800 to $1200 to $1600/mo. moving is costly and inconvenient. give me 5 grand and ill happily leave

Good video

I don’t think the rate hold argument holds water. If someone plans on buying a tenanted property, they should just find accommodation for a couple of months. After all, the tenants will be in a similar situation. A small price to pay, perhaps could be covered by the seller

The only reason we need strengthened laws for tenants is because landlords could care less about them. They brought this on themselves.

Landlords need access to faster resolution in cases where rent isn't being paid, damage is being done, etc. I would say 3 months would be a more reasonable notice .

nice videos agent Kelly

Tip, Canada is full. Newcomers not welcomed.

I used to live in the apartment building at 1916 McCallum Rd 20 years ago. That's why my username is McAbby. My one-bedroom apartment with a view of Mt. Baker cost me around $530 per month in rent at that time. It's great to see how much Abby has changed with the new international airport, park, mall, and more. Thanks!

Over 40% of the people living in British Columbia aren’t even Canadian

Condos are apartments and apartments aren’t homes

Anyone who sells a Canadian home to a foreigner is a traitor

In Post National Canada there’s 30 million Canadians, 14 million homes and 13 million foreigners occupying Canadian homes

Why are Canadians now suddenly vastly outnumbered in overcrowded Canadian cities? Shouldn’t Canadian homes be owned and occupied by Canadians? In Post National Canada there’s 30 million Canadians, 14 million homes and 13 million foreigners occupying Canadian homes

The answer is none move to Alberta and make BC your travel destination on top of Alberta being extremely beautiful itself.

Sure if your only focused on your payment. Another way to think about it is : Spent 1.1 - 1.2 million for a house with a suite or $750-$850 for a townhouse. Sure payment is less with the house but still paying upto $400k more.

Nice, all the expensive places so you can a commission doing buy and sell.

Its all because of all the foreign investing prior to the government imposing the NRST/foreign buyer’s tax. They were buying real estate and inflating the prices and sitting on empty houses/condos etc. Add the influx of immigrants we just cant sustain this we need to slow immigration until we can catch up.

Bottom will have to fall out soon, look at the Toronto market especaially Condos. Vancouver’s high-end condos hit by China’s downturn

Nanaimo being on the list, check! It's a great city! You are central to the rest of the island. You also have ferry access to local islands and the mainland. Departure Bay and Hammond Bay are also great areas to live.

Most of these are the most expsensive areas to live in BC. Abbotsford and Chilliwack are also good as there are also jobs. We were in Chilliwack for 2 years during WFH. Moved back to Saskatoon last year.

Tip. Don't move to BC.

I don't know if you remember me I commented a few months ago on your videos about your good video editing style, I finally made the move to Surrey from Manitoba! And regardless of what people say, this is a huge upgrade over Manitoba lol South Surrey is beautiful we like to visit there frequently.

Top 5 you don't have abbostford but have south surrey. Very strange. Abbotsford 3times better than south surrey. In summers all south surrey population coming towards abbostford as nothing to do in surrey. Valuse wise abby is much better ROI than surrey langley.

Haters be hating. When this reverts to the mean because all through out history it always has, good night Irene. The mean the 3-4 median income. You do the math on that. Here is a real spoiler. It’s ugly.

I wanted to listen to this to give these guys a min to see what they are talking about. About 1/3 way in, and it's the standard fluff that's shoveled around. At least they touched on the fact that most to the majority of all this is due to international money. The problem with that is when irbif that money goes elsewhere or becomes harder to come in that the local market can't and won't support. You may get enclaves or small regions. For the small homes comments, that is by design and related to fees, taxes, red tape, and the list goes on. You guys seem to he a bit detached from reality inwarching you talk through some of this. I wonder how many realtors will be standing when the commission laws and rules come in that have been passed in the US. To the future point with driving and no cars, what comes next is not owning anything and you will he happy, to some points. There are ways to fix uo some of this, but it takes a different way of what has been done and is being done. One thing's for sure, we shall see what comes.

Really spring 2024 market was having multiple offers what BS are u trying to spread. No wonder no one believes u guys anymore.

If sellers are not pricing right wait 6mo. as the major mortgage renewals start happening. Fixed mortgages have gone higher as BOC does not control it

These guys are delusional as fuck. The backlash and the collapse are both coming. People will not be living in micro appartments. They will revolt and burn the city down before they become complete slaves.

Ah yes the big .25 rate cut everyone thought would juice up the market…. That was some wishful thinking.