RE:RE:RE:RE:Not my first Rodeo. Irrespective of the video regarding Condo rentals in T.O. there is no connection to Wall financial.
Me personally ....yes. I would not be buying a condo for rental purposes in THIS market. There is NIL chance of making money. I did buy back in 1999 however and made 500% on my investment AND someone else paid the mortgage. I don't do that now. I still however have a soft spot for bargain real estate.
In my eyes Wall is more like Tricon or maybe Cap reit. With 2 hotels that make steady income.
Apples and oranges?
Also the RE market in Van is more like Aukland NZ or Sidney Australia. Both very strong and going up again.