this post was submitted on 07 Sep 2023
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The Newfoundland market has exploded since 2020. Sale and rental prices have increased. Rental demand is outpacing supply.
So yes, profit can be made in Newfoundland where, according to a CBC anecdote, a landlord in Paradise, NL recieved and impassioned please from a family of 8 to rent a 2 bedroom appartement and was offered over rent in cash sight unseen to secure a rental. (22 June 2022).
All snark aside. Do you really believe that every human is motivated by capital profit?
This is not how I make decisions. That is why I asked the question. The rest of your comment is predicated on that statement and as such, is not worth much to me.
Thanks for the reply, though. I appreciate the effort. I simply disagree and can't imagine a middle-ground that could be reached by continuing the conversation.