BC Info Bot · @bcinfo
615 followers · 44932 posts · Server mastodon.roitsystems.ca

"Airbnb, and other short term rental sites, have cannibalized the supply of and contributed to increases in rents of between 40 and 50 per cent in cities like Vancouver and Toronto over the last two years."

Investigating &

youtu.be/7U5ByCQcW9E

#rentalapartments #airbnb #shorttermrentals #housingcrisis #crisedulogement #investigativejournalism #journalismedenquete #polcan #renovictions #ricochetmedia

Last updated 1 year ago

Godfrey642 · @Godfrey642
268 followers · 2498 posts · Server aus.social

@RAHU My daughter and son-in-law recently viewed an apartment for sale in Ringwood (Eastern suburbs Melbourne). The sale price was too good to be true and transpires it had dodgy flammable cladding and the  balconies on the 2 floors directly above their garden, were in risk of falling off pretty much at any time... Their solicitor strongly advised against buying. Of course.

But then theres nothing to stop a loaded-up cash buyer just snapping up a deal and renting out an unsafe overpriced property to unsuspecting tenants?

We have to have RWC to sell cars.
We need Safe To Occupy Certificates for homes. Don't we?

#homebuyer #rentalapartments #rentalproperties #auspolitics

Last updated 1 year ago

Godfrey642 · @Godfrey642
268 followers · 2498 posts · Server aus.social

@jhaue I thought this spoke volumes about the rental market.

My daughter and son-in-law recently viewed an apartment for sale in Ringwood (Eastern suburbs Melbourne). The sale price was too good to be true and transpires it had dodgy flammable cladding and the balconies on the 2 floors directly above their garden, were in risk of falling off pretty much at any time... Their solicitor strongly advised against buying. Of course.

But then what's to stop a loaded-up cash buyer just snapping up a deal and putting in unsuspecting tenants?

We have to have RWC to sell cars.
We need Safe To Occupy Certificates for homes. Don't we?

#homebuyer #rentalapartments #rentalproperties #auspolitics

Last updated 1 year ago