this post was submitted on 21 Jul 2023
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It that the landlords demand or is the private agent working for the real estate manament organization working for the the assets managment firm working on behalf of the foreign investor (who may or may not actually exist)?
Foreign ownership in Canada is largely overblown and just gets used as a talking point by the politicians. We probably have more politicians who are large landlords than foreign owners
https://news.westernu.ca/2023/01/expert-insight-canadas-ban-on-foreign-homebuyers-is-unlikely-to-affect-housing-affordability/
Overblown or not the situation I mentioned here is my current one owner is in China and has about 12 units in this building. But it's been suggested the owner is actually a company. And the name on my lease is made up. Propety mamagment has no idea who actually owns the place and doesnt really care. Its not too bad though, just can't get anything fixed and the place is falling apart (building only about 2 years old)
Last one was local/from india (he kept moving back an forth) and it was much worse because they could harras me in person. Long story. Worst person I've ever delt with.
One prior was also from China, very old fellow seemed nice even called us once from China at what must have been very late hours for him. Agent said he had like 27 units in that building and likly had dementia. He was ok but the agency on our end was pretty annoying also the place was way overpriced.