And more here:
How One Story Pissed Off Just About Every Non-Rich Person in Toronto - https://www.vice.com/en_uk/article/how-one-story-pissed-off-...
"See! Buying a home is so easy! All you need is your parents to give you tens of thousands and you're set!"
The mortgage loan book of the 4 major banks here is hovering at about 50% interest-only loans. Nearly 1 in 3 people lie on their mortgage application too [2].
[1] https://www.domain.com.au/26-south-street-strathfield-nsw-21... [2] http://www.abc.net.au/news/2016-10-07/mortgage-fraud-systemi...
> [...] broom-swept condition
> This is the first time in my life I have ever heard this phrase, in all its privilege-dripping glory. The more you know, I guess. Carry on.
"Besenrein" is a pretty normal thing if you rent out something in Germany. In fact, every holiday-house-rental and every rented flat / house I ever helped moving, this was the standard.
Even when we went to Switzerland and France - so isn't this a thing at all in the US?
It was literally a crack house with squatters that they had to bribe to vacate. I wouldn't call that "complex socioeconomic barriers". Would fellow Toronto residents prefer the squatters in the neighborhood to this couple?
I live in Brooklyn. But if I had to choose between a rooming house and these insufferable adult-children for my neighbors I would opt for the former.