Wednesday, February 3, 2010
Home sweet home
I grew up in Victoria. When I was a kid, think the 80s, none, and I mean absolutely none of the people I knew had a suite in their home. Sure there were a few suites around. But no one had to have one and certainly no families I knew relied on one to afford their home.
Times have obviously changed and it's almost as common to find a home with a suite in it as it is to find one that doesn't.
I won't write a long post about the trouble of tenants or the folly of purchasing a house that has been renovated sans permit to create an illegal suite. Or the financial insecurity caused through owning a home your family can't afford without rental income in a time of falling rents and rapidly increasing vacancy rates.
I will simply ask a question:
Will we see a time again in the coming years when a house with a suite is not the preferred choice of Victoria buyers?
BTW, this is post number 401 at HHV. On February 9, this little blog will have its 3rd birthday. Thank you readers for making it what it has become. I've enjoyed these last few years and look forward to whatever doors it opens next.