grte@lemmy.ca to Canada@lemmy.ca · 9 months agoOntario apartment buildings bring investors double-digit returns. Some tenants say they're paying the pricewww.cbc.caexternal-linkmessage-square10fedilinkarrow-up163arrow-down10
arrow-up163arrow-down1external-linkOntario apartment buildings bring investors double-digit returns. Some tenants say they're paying the pricewww.cbc.cagrte@lemmy.ca to Canada@lemmy.ca · 9 months agomessage-square10fedilink
minus-squaremeseek #2982@lemmy.calinkfedilinkarrow-up19·9 months agoThat’s exactly what these places do. Met Cap is a huge one. They were “renting” units for 50% more than most others in my neighborhood. The “renovations” are laminate floors, new paint, and new cabinet doors. Nothing remotely worth what they are asking. I’m still floored that this country monetizes homes.
minus-squareLostWon@lemmy.calinkfedilinkarrow-up4·9 months ago I’m still floored that this country monetizes homes. The folks who made that possible want everything monetized, but I’m hopeful this way of thinking is on its way out, for a few reasons.
That’s exactly what these places do. Met Cap is a huge one. They were “renting” units for 50% more than most others in my neighborhood.
The “renovations” are laminate floors, new paint, and new cabinet doors. Nothing remotely worth what they are asking.
I’m still floored that this country monetizes homes.
The folks who made that possible want everything monetized, but I’m hopeful this way of thinking is on its way out, for a few reasons.