The net profit from a rental property is much less than tenants, media and the government believe, and it's these same entities who collectively think residential landlords are rich and can afford to carry all the consequent losses caused by COVID-19.
A new report says single mothers, Indigenous renter households, new immigrants, Canadians under the age of 30, and seniors are all facing higher levels of overspending on rental housing than the Canadian average.
The strong pace of Canadian commercial investment property sales and record-high levels in the multi-suite residential sector defined the second quarter of 2019, says a new report by Morguard Corporation.
Most residential landlords would say without hesitation that Ontario’s annual rent increase guideline does not fairly reflect the true cost of operating a residential rental property in Ontario. Is that really true?
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
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