[craftbeerdad]

There's a bunch of vacant houses (investment hoarding) in my neighbourhood, Stinson. Whether they're just waiting to move in, take forever to renovate or waiting for city permits, who's to say? That would be the tough part in a vacant property tax dispute.

Either way there's definitely a lot of investment monies (second mtg's / rental properties / investment properties, home holding corporations, AirBnb or equivalent alternative) being dumped into the city. Even areas that a few years ago would be lucky to get $350-400K for a house in a less gentrified area shall we say, is going for $600K+ or more if they've been home depot'd reno flip (which always blows my mind, since they look so shitty and sterile). Nutty times.