Rental properties and landlords is part of how the market works. That can be a good thing. In Vancouver (so they say) people own condos and don't rent them ou

Rental properties and landlords is part of how the market works. That can be a good thing. In Vancouver (so they say) people own condos and don't rent them out, they just sit empty. In North America people lose it when you talk about government interfering with market prices but Vancouver (or rather British Columbia) has limits on how much you can raise rent for existing tenants every year, but there's plenty of loopholes. All in all the rental returns are not great. A $2M house might rent for (guessing) $5-7K a month, that's a bit more than 3% return, before expenses. Prices have been crazy for the last two decades. They're not showing any signs of a major reversal. I remember talking with some real estate guy about how expensive Vancouver is- 15 years ago. There is so much more demand now despite prices being x3-5.