RE: Real Estate in 2025
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Rents are insane here in Vancouver , I don't know how anyone can afford a 2 bdrm on two salaries. $2000+/month. I carefully chose a home under $300k with a conventional 25% equity that had a legal registered rental income suite back at 2000. It's now all mine. My rental income is low at $1000/month supporting another single mother with her 2 kids. I won't raise her rent because she could not afford it and she had long become a friend I could trust my life with.
And I may have just enough capital to buy up a distressed house should the opportunity comes along.
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