Boardwalk

[Mastagon]

Anybody else have to deal with these ****ing crooks? I've been looking for a decent apartment for a while now, and time and time again I'll see ads for their shit with slogans like "why pay more then you have to" and "Boardwalk: The Renters Choice."

Can someone explain to me what the **** these things mean?? I'm sure their lawyers could do the best job of it. Trying to explain to me how the price these sons of bitches are charging per month is anything but robbery. It is a fact that their monthly rates on 2 bedrooms have GONE UP by 400 dollars a month in most cases. Here are their "renters choise" rates right now are: 1059 for a 2 bedroom??? 959 for 1 bedroom?? What the hell is that? All they are doing is capitalizing on the real estate market here, that is all. Just some bastard ass bitch can buy another car. People can't take much more of this. God I wish there was some kind of rent control here.

[PdH]

Are you talking about Van Bro? If you are, I hear ya. Any fees related to property there are completely outrageous. My ex and I bought a condo when I was there and the value increased $100,000 in one year. I'm all for real estate investment, but it does shut a lot of people out of decent places to live.

[Iwant2Grow]

they are a bunch of F*ckin assholes

[faller]

Yes rent control always works in the favour of the renter, its done wanders here in BC :rolleyes:

Hey here's an idea, buy a home and than you won't have to deal with evil landlords.

[Mastagon]

Are you talking about Van Bro? If you are, I hear ya. Any fees related to property there are completely outrageous. My ex and I bought a condo when I was there and the value increased $100,000 in one year. I'm all for real estate investment, but it does shut a lot of people out of decent places to live.

It's great for home owners. And I think home/condo conversion owners are the reason nothings getting built. If someone suddenly decided to build enough houses/apartments so that vacancy was higher then 1%, the real estate bubble would burst and their be a lot of whining.

though then I wouldn't have to dump 65% plus of my paycheck on my living space, which is off the goddamn wall.

[faller]

If someone suddenly decided to build enough houses/apartments so that vacancy was higher then 1%,.

Dude you ain't seen nothing yet, when and if the HST comes into effect new houseing starts will come to a grinding halt. Buy your house now if you can.

[cog]

Think of all the income that could be freed up.....

[Mastagon]

Dude you ain't seen nothing yet, when and if the HST comes into effect new houseing starts will come to a grinding halt. Buy your house now if you can.

what is this HST crap? People will go ballistic if it gets much worse than this.

[champcar99]

Dude you ain't seen nothing yet, when and if the HST comes into effect new houseing starts will come to a grinding halt. Buy your house now if you can.

I work doing renovations we are now going to have to charge more tax's on jobs after July, I don't see how that HST is going to be helping matters when it's already slow right now, it's going to be even slower when people see the estimate's and notice the HUGE amount of taxes on the estimate ....

[champcar99]

what is this HST crap? People will go ballistic if it gets much worse than this.

it won't help it's going to go through and we the people get ****ed up the ass at every corner. carbon tax, hst tax. just 2 new taxes to make you have less in your pocket..how in the **** is the average single person suppose to afford to rent, drive, eat on a hourly income..It's not easy...

[Mastagon]

it won't help it's going to go through and we the people get ****ed up the ass at every corner. carbon tax, hst tax. just 2 new taxes to make you have less in your pocket..how in the **** is the average single person suppose to afford to rent, drive, eat on a hourly income..It's not easy...

Exactly. With the way I live/lifestyle, there is no way I could get a roommate.
I can get by because I don't own a car and don't have payments I need to make on anything substantial, but if I did I'd be screwed. Yes, my job pays me a decent amount, but that's all for shit when it just gets thrown away on my apartment.

I can rant about this to literally anyone on the street here, and they will sympathize and more often then not have direct experience with this horseshit of a real estate market.

I don't know how much longer people are going to tolerate this.

[faller]

I don't know how much longer people are going to tolerate this.

Lol, a very long time, trust me...

[waderow]

I am not defending landlords, but you need to remember that they are paying HUGE property taxes.

Not only are they doing well, but so is the local municipal government.

I pay $4000 a year on property taxes. 4 ****ing thousand. Just to have a nice clear road to drive to work on and then get tagged with photo radar on the way.

When all else fails, blame the government, because its likely their fault.

Free everything to immigrants and vagrants at the burden of us, the white middle class.

It is about time that a politician was assassinated to wake up the government

[champcar99]

It is about time that a politician was assassinated to wake up the government

I couldn't agree more....but killing isn't the answer "we the people" need to wake the **** up and make them accountable ! we have parents now that are both working, just to make ends meat and pay the bills , kids with no stay at home parents to make sure the little ones are being constructive and keeping busy! Now as a result IMO we have teenage crime rate going up! Crime's been going up steadily..Less kids getting their ass's handed to them by their parents for doing STUPID SHIT cause MR LAW SAY'S NO to smacking around your kid for being bad , Now we have teenagers with the attitudes that they can get away with murder ...yes i think government is to blame...ASSHOLE SELFISH PRICKS...

[faller]

One of our rentals we have the renter from hell. We've tried to evict her 4 times and all 4 evictions were denied through arbitration. Long story short, we owe her a roof over her head because we can and she can't. Mean time she is destroying our investment and there isn't a god damn thing we can do about it. The only option open to us is to sell, which we are doing, but that **** does everything she can to make it as difficult as possible.

In our experience renters are for the most part at the bottom of the food chain and the laws in this province lean heavly in their favour.

Oh and another thing, there's isn't some god damned conspiracy in the realastate market, it's market driven. Another words there's a lot of money out there, a lot! Quit blameing your woe's on hard working people and look to see where the real problem stems from. Yes we are landlords and we work hard for every ****ing penny we make, we owe no one a ****ing liveing!!

[Mastagon]

I think its fair to say that most tenants are shit heals, I've lived beside my share of themm but thats not me. Where ever I've lived I've been an good tenant. Believe me, there are some of us around.


I'm not trying to ignore the impact of the market in this, but I don't think its far off to say the rental situation here has lots of similarities to the car insurance situation in Ontario after deregulation. The argument then was that competition would keep the prices down. Thats not entirely right. Competition can do this, but it can also do the reverse; as car insurance is not like cigarets or Guinness for most people. I.e., its a necessity. So, if one large company starts "testing the waters" by raising car insurance just a little, and then a little more, other companies will start to try this to. Now when prices start to go up like this, what can you do if car insurance is a necessity for you? For most people, you just lay down and take it. And thats why car insurance in Ontario is a joke right now.


Back to real estate...I know the market is hot right now. Also, I would never blame my woes on hardworking people such as yourself. I know what being a hard worker means, as I am one of them myself. My problem is that Boardwalk is not a person. When a company begins to own better than 60% of the rental property in a town, I don't think you can argue that they are hard done by, or that they are an underdog or something. And I think its fair to say that when a company starts to get that big, their increasing monopoly can and will lead to their hand being on the lever driving up monthly rent more and more often, and for a necessity like housing, other renters will follow suit until more and more of us hard working people are dumping more and more of our hard earned paychecks into some other guys wallet.

In my mind, citing "market driven" is not a "get out of jail free" card for companies as big as they are.

[kloan]

Those rental rates look average...

In Toronto, you can expect to pay $1100-1300 for a decent 1 bedroom. It's ****ing crazy, but that's what it is. I was paying $1100 inclusive for a clean 1 bedroom apartment in High Park. There was no sound insulation and I was going insane.. hearing my neighbour drop her ****ing fork or hairbrush every ****ing 10 minutes.

Add the fact that I was only pulling in $1800/month... hello stress.

Rental rates are and will continue to be outrageous, because nothing is going to change. The only solution is to make more money.

[Mastagon]

In toronto, I wouldn't argue. Big city rates are shit just because with 8 million people, well, its gonna be shit. Small cities can do much better

[Mastagon]

scratch that. I would argue, but the reasons for the rates would make more sense to me...

[kloan]

In toronto, I wouldn't argue. Big city rates are shit just because with 8 million people, well, its gonna be shit. Small cities can do much better

I thought you were talking about Vancouver? That's just as expensive...

edit: huh, I just looked up the population of Vancouver.. it's barely 600,000?! That's nuts, I thought it was larger than that.

[physique]

Yes rent control always works in the favour of the renter, its done wanders here in BC :rolleyes:

Hey here's an idea, buy a home and than you won't have to deal with evil landlords.

as a guy that has 2 condos that are rentals and i live in BC. i can tell u first hand rent control licks balls! just because the owner before me was loaded and can afford to under charge then what market value currently is, i have to honor that price. or i can raise it by 4% a year. what a f*cking load of crap.

2 bedroom condos here are around $800, but yet i am stuck at $695 and it will take me 4 years to get it to the rate now. but yet in that same 4 years i bet going rate will be $850-900, so in the end i am still getting f*cked.

only way around this is to serve notice on my renters to leave, then re-rent it to someone else at market value. but risk the possibility that it doesnt rent.

bah, i hate talkming about this.

[faller]

And here's the best part, you can't just evict your renters because! You better have a very good reason and wanting to raise the rent for the next renter is not going to cut it. Either way you're going to be ****ed for about 6 months worth of income unless the renter moves out voluntary. Like i said earlier, we were forced to sell because we had no other option, your condo does NOT belong to you, remember that!

[faller]

Back to real estate...I know the market is hot right now. Also, I would never blame my woes on hardworking people such as yourself. I know what being a hard worker means, as I am one of them myself. My problem is that Boardwalk is not a person. When a company begins to own better than 60% of the rental property in a town, I don't think you can argue that they are hard done by, or that they are an underdog or something. And I think its fair to say that when a company starts to get that big, their increasing monopoly can and will lead to their hand being on the lever driving up monthly rent more and more often, and for a necessity like housing, other renters will follow suit until more and more of us hard working people are dumping more and more of our hard earned paychecks into some other guys wallet.

In my mind, citing "market driven" is not a "get out of jail free" card for companies as big as they are.


Lol the classic lets bash ability and revere mediocrity paragraph^^.

I will agree that not all renters are scum, the girl that rents the other unite is a dream and we treat her like gold. We have not raised her rent in 4 years, and we give her just about anything she ask's for because she actually increase's the value of our investment by takeing care of her place.

[kloan]

That's a good point too, actually. So many tenants treat the places they live in like absolute shit. They show no respect for the property or their landlords, and always expect the landlord to kiss their ass when something goes wrong.

I've always been a clean, respectful person when it comes to renting a place. It comes down to what kind of person you are, it shows through how you live in a place. I can say from personal experience, there are a LOT of people who are just plain self absorbed and don't give a shit about anyone but themselves. I've unfortunately had to have neighbours like that on way too many occasions.

Anyhoo.. I'm actually a little giddy seeing the prices of condos there. It's still cheaper than Toronto, so it gives me hope I just may be able to make a home for myself there in the near future. Toronto was just way too damn expensive.

[physique]

And here's the best part, you can't just evict your renters because! You better have a very good reason and wanting to raise the rent for the next renter is not going to cut it. Either way you're going to be ****ed for about 6 months worth of income unless the renter moves out voluntary. Like i said earlier, we were forced to sell because we had no other option, your condo does NOT belong to you, remember that!

ya i know. renters are like staff, u must keep tabs on them and when they break the rules, i put it in writing, juts like my staff. 3 strikes and u are out. no exceptions, or i use the renovation idea. yes it has to be major renovation, but so far i have gotten away with what i think is minor, like new tile in the bathroom, but classed it as major. so long suckers.

of course this would change if i got a renter that actually gave a sh*t. which is what i have now in both places.

[faller]

ya i know. renters are like staff, u must keep tabs on them and when they break the rules, i put it in writing, juts like my staff. 3 strikes and u are out. no exceptions, or i use the renovation idea. yes it has to be major renovation, but so far i have gotten away with what i think is minor, like new tile in the bathroom, but classed it as major. so long suckers.

of course this would change if i got a renter that actually gave a sh*t. which is what i have now in both places.

Ah you've been there done that i see. Paper trail is a must!

[Mastagon]

Lol the classic lets bash ability and revere mediocrity paragraph^^.

I will agree that not all renters are scum, the girl that rents the other unite is a dream and we treat her like gold. We have not raised her rent in 4 years, and we give her just about anything she ask's for because she actually increase's the value of our investment by takeing care of her place.

I think that most of them are though, or at least too many of them are. Junkies who dump bong water on the floor and set the drapes on fire and annoy the shit out of me with their loud sex noises :)

[Mastagon]

as a guy that has 2 condos that are rentals and i live in BC. i can tell u first hand rent control licks balls! just because the owner before me was loaded and can afford to under charge then what market value currently is, i have to honor that price. or i can raise it by 4% a year. what a f*cking load of crap.

2 bedroom condos here are around $800, but yet i am stuck at $695 and it will take me 4 years to get it to the rate now. but yet in that same 4 years i bet going rate will be $850-900, so in the end i am still getting f*cked.

only way around this is to serve notice on my renters to leave, then re-rent it to someone else at market value. but risk the possibility that it doesnt rent.

bah, i hate talkming about this.

Shit. I'd be all over a 2 bedroom condo if I could get that kind of price. Two bedroom condos here are $1100 at minimum.

[kloan]

yeah no kidding, that's cheap... thats less than most 1 bedrooms are in toronto. van i dunno but my sister was looking at places and they seemed pretty pricey, a bit cheaper than toronto.