Quote:
Originally Posted by OMG!WTF!
Trailer parks are exceptionally profitable. It costs $1250 to rent a lot at the RedCarpet, there are 347 lots there and it's in Penbrooke. The problem is that in larger cities there are higher and better uses for land. In BC trailers on rented land cost upwards of 200k simply because they exist close to where people want to be.
And it is a little unfair to say "It is not, and should not be, a landlords responsibility to find another rental property for tenants whose leases are ending" when that landlord is collecting property taxes from you for forty years.
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If they were exceptionally profitable as you describe then I find it hard to believe that we have nowhere for these people to go, and no other options. Surely if it was as profitable as you make it out to be then there would be other options and investors would be clamouring to get in on that action?