The Rental Market

Just wanted to let you all know our recent experience in the rental market. We're moving in early summer. We just negotiated 7% off the asking rent and got the landlord to agree to NO lease. It's month-to-month for us on a 3-bed house near a recreation centre in the central CRD. We'll be within 15 minutes of downtown and 15 minutes of the highway out of town.

Yep, the market she's a changing.

Oh, and in case you're wondering how we got the discount with no lease: we asked for it, right after the landlord complained about their current noisy tenants wrecking their recent house buying experience, with a reminder that we're married professionals with decent income and quiet lifestyle.

The stars are lining up

If you're following the real estate and mortgage markets, you know what I mean. I feel like a kid in a candy shop with a pocket full of cash and no other customers. Soon, old man behind the counter, you will be begging me for my money, not the other way around. Heh.

Open post

My wife and I are super busy shopping for a house right now so I don't have much time to blog. We figure this is the perfect time to get in before interest rates and house prices jump higher in unison forever pricing us out. We plan to take out the maximum allowable too before the new lending rules kick in on the 19th. Wish us luck!