Posted Mar 6, 2024, 8:32 PM
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Registered User
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Join Date: Mar 2006
Location: White Rock BC
Posts: 11,780
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Hardly surprising, this is just another renoviction scheme.
They know these people will have no options but to pay for these "assessments" because the units are impossible to sell. They don't qualify for any CMHC financing, banks won't approve a loan for them without at LEAST 50% down, "investors" won't touch them, and even if they can sell them for pennies on the dollar the owners know that they will have no where to move to.
This is what happens when you consider your city to be nothing more than a commodity to sell............when you commodify a city, you commodify the people who live in it.
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