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Great68 · 09-11-2023, 04:42 PM

Lol, come on, "Mike drop" ? What is this, Grade 8?

Donkey's post is assuming:

1. Rents will always increase in substantial amounts, with no ceiling, due to low supply
2. Those holding these properties have the capability can financially weather a period of no rental income.

You're probably right, those holding 6-7 units might be in a better position for #2 than someone with a single secondary unit, who also might be paying an second mortgage for their existing property.

I don't really care though, I see no difference between either of those two. If enough of the latter have to give up their secondary units, that will take care of assumption #1.

Again, if you're trying to get me to sympathise with how hard done by owners of secondary units are, it's never going to happen.

09-11-2023, 04:42 PM	#27814
Great68 Willing to sell body for a few minutes on RS Join Date: Mar 2002 Location: Victoria Posts: 10,936 Thanked 5,583 Times in 2,055 Posts Failed 188 Times in 103 Posts	Lol, come on, "Mike drop" ? What is this, Grade 8? Donkey's post is assuming: 1. Rents will always increase in substantial amounts, with no ceiling, due to low supply 2. Those holding these properties have the capability can financially weather a period of no rental income. You're probably right, those holding 6-7 units might be in a better position for #2 than someone with a single secondary unit, who also might be paying an second mortgage for their existing property. I don't really care though, I see no difference between either of those two. If enough of the latter have to give up their secondary units, that will take care of assumption #1. Again, if you're trying to get me to sympathise with how hard done by owners of secondary units are, it's never going to happen. __________________ 1968 Mustang Coupe 2008.5 Mazdaspeed 3 1997 GMC Sonoma ZR2 2014 F150 5.0L XTR 4x4 A vehicle for all occasions Last edited by Great68; 09-11-2023 at 04:50 PM.