David K Wong
@PMDavidK
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🏡Property Manager, Business Analyst & Entrepreneur 🇨🇦 🌁Conversations about Rental Properties. Educating Owners/Investors 🏁Educate ♻️Collaborate 📈Action
Vancouver, B.C. Canada
Joined November 2010
I'm confused? Does anyone understand how an arbitrator ranks a landlord's motive to justify a rehearing https://t.co/Epv0dFHl7d
ctvnews.ca
A long-time tenant has won the right to stay in her home, at least for a little while, after the B.C. Supreme Court ruled in her favour.
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This is a scary decision for property managers; property management company inherits the owner's responsibility to pay their damages for not notifying them and naming them in the RTB filing!? https://t.co/iuRuk9zebd
ctvnews.ca
A property management company has been ordered to pay wrongfully evicted tenants more than $32,000 in compensation after failing to convince a B.C. judge the owners should be held liable instead.
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Foreclosure a "lagging indicator"? Landlords and investors, is this an opportunity or a concern? https://t.co/KUoMCzUkSA
biv.com
Vancouver’s pandemic real estate binge causing renewal hangover
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Slowing retail sales forecasting signs of more challenges ahead in 2026? Rent and mortgage payments are usually the last to get affected. https://t.co/Sa8FK9Tzdx
biv.com
Weak sales and sliding starts show a province losing economic momentum despite pockets of demand
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The façade of the economic boom in the US is getting a rude awakening as the downward trend of the economic cycle dictates the direction of where the market is going. I believe the same trend is happening here in Canada.
bloomberg.com
Get caught up.
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Will US Immigration and AI development be the spark to rekindle demand for downtown condo rentals? https://t.co/PmSWo3rnP7
biv.com
City's office recovery gaining momentum after rough patch
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For landlords, this decision clarifies an important point. If the tenant moved out early, the termination date on the notice stands as the starting date for the landlord to move into the property. Irrational' to award evicted B.C. tenant $25K: judge
cp24.com
A B.C. landlord will no longer have to pay her former tenant more than $25,000 after successfully challenging a Residential Tenancy Branch decision in B.C. Supreme Court.
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What is your opinion about The Globe & Mail's 3 reasons why rents have come down? I believe the 1st and 3rd points have the most weight. Immigration adds a premium on the asking rents if there's scarcity. What are your thoughts. https://t.co/2ppAxFFxhK
theglobeandmail.com
Data editor Mahima Singh and reporter Salmaan Farooqui are answering questions about The Globe’s list of the best cities for renters
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If you read historical news articles about this same scenario, I don't think much as changed regardless of what economic cycle we are in. Just different dates when news article was published. https://t.co/N690k00Mlv
financialpost.com
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It appears this strategy will soften the blow towards a full-blown recession in the near term. Businesses still need to generate positive cash flow and productive economic growth to sustain it. How many businesses are positioned for it? https://t.co/urnGBMsnd6
financialpost.com
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Canadian households = owners and tenants. Delinquencies on bills over 60 days is concerning. I believe consumer items get hit first, then rent payments. Does anyone know how reliable is Fitch's Ratings? https://t.co/cIT74CePyq
advisor.ca
Delinquencies rise amid rising cost of living, job market strains Canadian households fell a bit further behind on their credit card bills in the third quarter, according to new data from Fitch...
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Tech layoffs are gaining attention in headline news again. Is it the economy or AI the cause? https://t.co/eGiRUk4YRw
biv.com
Social media management platform maker would not disclose exact numbers but layoffs would be in the hundreds
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With declining rents, increasing strata fees, insurance and property tax; how many landlords can afford a special levy?
biv.com
Province has amended rules around annual contributions and depreciation reports.
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If the decline new car sales mimic 2010, there is a larger decline coming. Are consumers holding back these purchases to pay the rent. https://t.co/slb0M5xRA5
betterdwelling.com
Canada’s new vehicle sales posted their biggest August drop since 2010, signaling weakening consumer demand and potential recession risk.
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Very concerning trend. Is this the start of a domino effect for more delinquencies? https://t.co/dGZTW5E2W5
betterdwelling.com
Canada’s mortgage delinquencies are rising faster than lenders can contain—a small number masking a much bigger credit problem.
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Average tenant credit score of 730 is a good start. Their income and capacity to pay are also extremely important. What other factors do you look for when screening a tenant application? B.C. renters near 'crisis territory' for amount of income spent on rent | Urbanized
dailyhive.com
B.C. renters are spending so much of their income on monthly rent payments that they're approaching "crisis territory."
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The 30% rule is antiquated. Kudos to SingleKey for sharing what is really happening. For landlords, will the downtrend in rents continue over the next 2 - 3 years? https://t.co/jreAzn4TSm
financialpost.com
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Does anyone have stats about the benefits to landlords of having "responsible" long term tenants versus tenants moving out annually. https://t.co/VnhNl7vEhS
advisor.ca
High cost of moving for renters could hurt labour productivity: Statistics Canada
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