Dan Fumano: The 'ticking time bomb' threatening affordable rental homes

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“We will never, ever renovict someone … But the ticking time bomb now for a lot of these older buildings is the bottom line is going the wrong way quite quickly.”

 

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CROOKS create problems to make MORE MONEY! That is why we call them CROOKS. ICBC CRIME

You can go around at night and see the people who used to live in the affordable places that got torn done in their cars No use making more units that people can't afford While developers make off like bandits in free density increases and fees dropped

Rental properties have many write offs including property taxes. Perhaps the reporter could find out the net profit for these older properties.

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