Those aren't landlords. Those are gamblers putting money in real estate instead of the stock market with the hope/belief that the property price will increase and provide a better rate of return then the stock market. They're likely hoping for rental income to defray the carrying cost of the property until they do sell, with little knowledge of what they're getting themselves into.Greattenant wrote:With all the new rental condos advertised on Kijiji and Craigs there must be some sweet profits or people wouldn't invest in them.
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