BC Family Awarded 33000 For Wrongfull Eviction
- JLives
- Buddha of the Board
- Posts: 23084
- Joined: Nov 27th, 2004, 10:53 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
I hope interest rates rise so high they bankrupt the crap out of these bloodsuckers. And we get back to a sustainable housing market.captkirkcanada wrote: ↑Nov 20th, 2022, 2:53 pmPpl that think that way are in for sime big surprises coming up . The renting for retirment fund is coming to a end . Ppl need homes more than they need greedy ppl who use loopholes to cheat other people. Citizens are waking up to the so called lil cheats and they will pay a price .
"Every dollar you spend is a vote for what you believe in."
"My country is the world, and my religion is to do good."
"My country is the world, and my religion is to do good."
-
- Übergod
- Posts: 1963
- Joined: Jul 5th, 2006, 10:27 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
When buyer asks seller to evict. Possession date is always for after eviction date. Seller is on the hook and is in breach is tenant doesn't move out on time.BC Landlord wrote: ↑Nov 20th, 2022, 9:27 amThat is true. But it's still unclear to me, what is the purpose of such a request, and the seller serving a 2-months notice (usually effective past the possession), when neither the seller, nor the tenant have any motivations to follow up on that. Seller is gone (deal closed) and the buyer is stuck with an eviction notice, which is often not worth the paper it is written on, and most likely having to resort to arbitration hassle.
Again, the safest way for buyers is, ... DO NOT buy a tenanted property. And for sellers, ... EVICT FIRST for personal use, wait 6 months if necessary, and then put it on the market as vacant.
-
- Guru
- Posts: 8440
- Joined: Mar 24th, 2015, 7:20 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
.... yet virtually all products and services are priced to cover costs and profit. But rental can't be. Lol
-
- Übergod
- Posts: 1963
- Joined: Jul 5th, 2006, 10:27 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
So if being a landlord isn't a job what is a property manager.
- JLives
- Buddha of the Board
- Posts: 23084
- Joined: Nov 27th, 2004, 10:53 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
Not a landlord.
"Every dollar you spend is a vote for what you believe in."
"My country is the world, and my religion is to do good."
"My country is the world, and my religion is to do good."
- JLives
- Buddha of the Board
- Posts: 23084
- Joined: Nov 27th, 2004, 10:53 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
It never has been. The big pay off comes when you sell and the rent helps reduce carrying costs. It's only been recently that people became entitled to cover all the costs plus profit. Lazy *bleep*.Even Steven wrote: ↑Nov 20th, 2022, 3:28 pm .... yet virtually all products and services are priced to cover costs and profit. But rental can't be. Lol
"Every dollar you spend is a vote for what you believe in."
"My country is the world, and my religion is to do good."
"My country is the world, and my religion is to do good."
-
- Lord of the Board
- Posts: 4064
- Joined: Jul 5th, 2022, 6:08 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
JLives wrote: ↑Nov 20th, 2022, 3:48 pmIt never has been. The big pay off comes when you sell and the rent helps reduce carrying costs. It's only been recently that people became entitled to cover all the costs plus profit. Lazy *bleep*.Even Steven wrote: ↑Nov 20th, 2022, 3:28 pm .... yet virtually all products and services are priced to cover costs and profit. But rental can't be. Lol
-
- Guru
- Posts: 8440
- Joined: Mar 24th, 2015, 7:20 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
What do you mean it never has been?JLives wrote: ↑Nov 20th, 2022, 3:48 pmIt never has been.Even Steven wrote: ↑Nov 20th, 2022, 3:28 pm .... yet virtually all products and services are priced to cover costs and profit. But rental can't be. Lol
Rentals are a product and services just like anything else.
All products and services are priced to cover all expenses + profit (unless you choose to be a non-profit).
Hence all rentals are priced to cover expenses and profit.
-
- Admiral HMS Castanet
- Posts: 25718
- Joined: Dec 26th, 2010, 12:47 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
It seems unlikely the notion it's only recently that rent covered costs while providing profit is based in reality. It seems highly unlikely. It's more likely any property owner who had invested their own downpayment for a rental property, or left the equity in a property they'd once lived in when they moved and rented that property out, has more likely always wanted the rent to cover their cost while providing a profit at the time of sale.JLives wrote: ↑Nov 20th, 2022, 3:48 pmIt never has been. The big pay off comes when you sell and the rent helps reduce carrying costs. It's only been recently that people became entitled to cover all the costs plus profit. Lazy *bleep*.Even Steven wrote: ↑Nov 20th, 2022, 3:28 pm .... yet virtually all products and services are priced to cover costs and profit. But rental can't be. Lol
It seems more likely it's only been recently that so many people have proclaimed all renters in every market are entitled to housing deemed "affordable" by our social engineers, that any rent over the socially engineered "affordability" line is "greed", that any landlord charging market rate is "lazy" and "greedy".
There is nothing more dangerous than sincere ignorance and conscientious stupidity. - Martin Luther King Jr.
-
- Übergod
- Posts: 1963
- Joined: Jul 5th, 2006, 10:27 am
-
- Admiral HMS Castanet
- Posts: 27472
- Joined: Jul 22nd, 2012, 8:02 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
So glad I no longer rent out a home. Selling it was the best thing I ever did. too bad because the renter was getting a deal and took advantage.
- JLives
- Buddha of the Board
- Posts: 23084
- Joined: Nov 27th, 2004, 10:53 am
Re: BC Family Awarded 33000 For Wrongfull Eviction
What are you talking about? Have you been alive for the last 20 years? I'm talking about reality here. "It seems to me" lmao. We've actually seen it.rustled wrote: ↑Nov 20th, 2022, 4:19 pmIt seems unlikely the notion it's only recently that rent covered costs while providing profit is based in reality. It seems highly unlikely. It's more likely any property owner who had invested their own downpayment for a rental property, or left the equity in a property they'd once lived in when they moved and rented that property out, has more likely always wanted the rent to cover their cost while providing a profit at the time of sale.
It seems more likely it's only been recently that so many people have proclaimed all renters in every market are entitled to housing deemed "affordable" by our social engineers, that any rent over the socially engineered "affordability" line is "greed", that any landlord charging market rate is "lazy" and "greedy".
"Every dollar you spend is a vote for what you believe in."
"My country is the world, and my religion is to do good."
"My country is the world, and my religion is to do good."
-
- Lord of the Board
- Posts: 4064
- Joined: Jul 5th, 2022, 6:08 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
"market rate" that's funny when the Market is over inflated and dismissing the need for rentals that people can actually afford is only increasing the Homeless Raterustled wrote: ↑Nov 20th, 2022, 4:19 pmIt seems unlikely the notion it's only recently that rent covered costs while providing profit is based in reality. It seems highly unlikely. It's more likely any property owner who had invested their own downpayment for a rental property, or left the equity in a property they'd once lived in when they moved and rented that property out, has more likely always wanted the rent to cover their cost while providing a profit at the time of sale.
It seems more likely it's only been recently that so many people have proclaimed all renters in every market are entitled to housing deemed "affordable" by our social engineers, that any rent over the socially engineered "affordability" line is "greed", that any landlord charging market rate is "lazy" and "greedy".
-
- Guru
- Posts: 8664
- Joined: Jul 15th, 2019, 2:18 pm
Re: BC Family Awarded 33000 For Wrongfull Eviction
You make it sound as if the market is some living entity capable of conspiring against renters, and not being compassionate enough.
-
- Guru
- Posts: 8664
- Joined: Jul 15th, 2019, 2:18 pm