I’m not defending landlords here — just pointing out that housing is expensive right now regardless of who owns it. Construction costs are through the roof (no pun intended) even before factoring in a profit margin for the builder and/or the landlord. If I had to rebuild my house today it would cost at least 3x what I paid for it 15 years ago, and my income hasn’t tripled since then.
The things is, its expensive because of landlords and shit like airbnd. They have shrunk the market which increases the value of whats left in the market. Landlords are the reason why housing is unaffordable. Which puts you at their doorstep to rent from them.
Landlords are definitely not the reason that new construction is so much more expensive. They want the lowest possible construction cost, not the highest.
Have you considered that the reason labor prices have increased is because the cost of living has increased so much, primarily driven by housing prices?
Corporate landlords are absolutely driving the prices up, combined with 3 decades of low interest and investors treating real estate like a speculative market. The material cost of housing is miniscule. North American homes are made out of paper and plywood.
I’m not defending landlords here — just pointing out that housing is expensive right now regardless of who owns it. Construction costs are through the roof (no pun intended) even before factoring in a profit margin for the builder and/or the landlord. If I had to rebuild my house today it would cost at least 3x what I paid for it 15 years ago, and my income hasn’t tripled since then.
The things is, its expensive because of landlords and shit like airbnd. They have shrunk the market which increases the value of whats left in the market. Landlords are the reason why housing is unaffordable. Which puts you at their doorstep to rent from them.
Landlords are definitely not the reason that new construction is so much more expensive. They want the lowest possible construction cost, not the highest.
Have you considered that the reason labor prices have increased is because the cost of living has increased so much, primarily driven by housing prices?
Corporate landlords are absolutely driving the prices up, combined with 3 decades of low interest and investors treating real estate like a speculative market. The material cost of housing is miniscule. North American homes are made out of paper and plywood.