Quote:
Originally Posted by whatnext
More purpose-built rental housing would be better.
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Apparently someone is trying to rent out a studio here for $2,650 (it says 515sf), which is pretty in-line with new rental of this caliber and area. Someone is taking a massive loss renting out at that price even if they purchased at a lower price back in 2021 or 2022.
I know security of tenure is a large factor - especially for me - between owner and purpose-built rental, but the asking rent won't change.