Joao .. What fun for him, but from a business standpoint? EISIA BUDO, BEN 22, ...

Joao .. What fun for him, but from a business standpoint? EISIA BUDO, BEN 22, ...

Joao .. What fun for him, but from a business standpoint?
Ayesha Buddhu, 22, thought it was a hoax when he saw a Facebook ad for renting a room in a Vancouver estate for only $ 825. It turned out that the ad about a house with expensive chandeliers, a sauna and a pool table was real. The nine-bedroom home known as the "castle" is leased to 14 students who share the property and is owned by an Afghan pop artist, according to Buddha. "I'll stay here as much as I can," he said. "A thousand Canadian dollars is nothing for all that."
Other students may find themselves soon living in luxury properties, when owners of estates in the city rent them to avoid paying a new tax on empty houses. Thus, in the new housing market of Vancouver, where Chinese investors are very active, students may live in luxury apartments.

Students live like kings in vacant estates in Vancouver - in the world

New taxes on empty houses in Canada are pushing apartment owners to rent luxury properties at low prices ■ Renters are profiting and investors fear

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