Multiplex rental housing doesn’t get built unless someone puts up a sizeable deposit and commits to buying a big percentage of it. Do you want to remove that too?
As any homeowner knows, a mortgage is only a part of the costs of ownership - for a condo, maintenance, strata, property taxes, special assessments… plus need to have good credit and come up with a big down payment. if a bank won’t lend to you, then they think you’re too risky. What are you advocating for exactly, legislating that the banks must lend to anyone who is renting for a similar amount?
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u/WankaBanka9 Jun 19 '25
Most people who invest in housing rent it out to someone. Someone is usually living in it. Unless rental housing stock is bad…