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Old 03-07-2014, 08:01 AM   #2116
Mr.HappySilp
reads most threads with his pants around his ankles, especially in the Forced Induction forum.
 
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^^ you said it yourself your landlords wants to sell/wants the unit back, have relatives live in etc etc... you have 1 month to pack your bags and go vs owning you don't have to deal with it. Nothing to do with you being a good tenant. If I want my unit back I will get it back. Too bad Dino isn't on here anymore but like she said if a tenant wants to screw the landlord there are tons of ways for the landlord to screw around the tenant as well. I have kick my tenants out before because I want to sell my unit. Sure they are nice and they just moved in for a few months. Not only that they have to free every sunday for me to do an open house something I am sure they didn't like. But since they are renting they have no control over it. Also if your landlord is an asshole they are request to come and see the unit once a month which means you have set aside that day for them.

To you yes maybe you want the freedom to move but to me and maybe others as well, want a place where we can home, where we don't have to deal with the fact that we might have to month because the landlord wants their unit back for whatever reason.

As for the part why so many people rent in Vancouver. Well because we have a ton of people who can't save for a down payment. Is roughly 10% at least for a down payment so say the unit is 300k, you need at least 30k save up. A lot of people simply don't have the savings, sure they can afford their mortgage but not down payment. And yes some do invest but how many people in Vancouver are smart enough to invest and let their money grow instead of wasting it?
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