Quote:
Originally Posted by Hondaracer
Lol.. do you think that will have anything but an adverse overall impact?
Landlord X has a unit, they aren’t a wealthy person by any means but inflation and all the other factors have contributed to them being underwater with the unit
Landlord X then is forced to sell the unit, new Landlord Z evicts current tenant as part of the sale and charges whatever they want for new unit
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The scenario you you described is illegal.
I also find this statement funny: "they aren’t a wealthy person by any means"
Anyone who owns a
secondary home in this city is wealthier than most.