Quote:
Originally Posted by Tapioca
There are legit basement suites in Vancouver, but the homeowners are obviously going to pass down the costs to make that suite legal (taxes, permits, compliance) to potential renters.
Here's an example: a couple of friends of mine lived in a three suite renovated house in East Vancouver. It had 2 bedrooms and a shared yard. They paid $2000/month for a ground floor unit.
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For sure! I've had people balk when I tell them how much our 2 bedrooms go for.
"oh shit! I can get a 2 bedroom thats bigger at xyz building on 123 street"
Literally, more than once had people tell us we're nuts. Rudely.
Guess what? Rented. To pretty happy shiny people.
Ok dude...did the owners of xyz building just drop 10k in the apartment last month? Cause we did.
You get what you pay for. So when we're talking average house price, we need to mention if it includes Shaugnessy(sp) or not, and if we're talking rentals, we need to mention if the walls have bullet holes, or nail holes.