this post was submitted on 18 Oct 2023
0 points (NaN% liked)

Vancouver

1430 readers
1 users here now

Community for the city of Vancouver, BC

founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 1 year ago (2 children)

The equity that I’ve worked so hard for in these units has vanished in a day.

The equity is still there, dumbass, you just still owe on the mortgage.

[He] plans to list it for $150,000 less than he bought it for a year ago

You bought it a year ago?! How could you not see this was a likely thing to happen a year ago?

[–] [email protected] 0 points 1 year ago (1 children)

worked so hard

Ah, landlords. They truly labour harder than anyone else.

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago)

Some people do work hard. My aunt and uncle in law have an airbnb that they spent like 9 months renovating.

Not every landlord is a money hungry corporation.

My other uncle in law is only a landlord because he inherited the property.