Tag: Real estate
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I am a landlord, I am happy my tenant was able to pay the rent
I am a landlord and I am so happy I survived Covid. I was afraid that my tenant was not going to pay the rent, I would be stuck paying municipal taxes, insurance, condos fees, school taxes, maintenance, and the mortgage without having any revenue from my property to pay for all those expenses. Tenants…
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Rents are going up. Don’t blame the landlord, blame the city
The real estate market, like most markets, works on supply and demand. If there is more demand than supply, prices go up; if there is more supply than demand, prices go down. There is no legislation that can change the laws of economics, the law of supply and demand. There is no global conspiracy of…