this post was submitted on 22 Aug 2024
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Canada Housing

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This is a community to discuss the housing crisis in Canada.

All so Canadians can find a decent home to live in.

Racism is still absolutely prohibited, but you are welcome to debate population growth, immigration rate, foreign home buyers, and the merits of single family homes or the green zone.

A merge of r/canadahousing and r/canadahousing2 for those coming from Reddit.

Bits of the sidebar and logo taken from those subs and will be going through a slight revision as things get settled.

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[–] Semi_Hemi_Demigod 86 points 3 months ago (3 children)

Good ol' vinyl wood-lookalike planks. Cheap to buy, cheap to install, easy to repair without tearing up the whole floor, glues right down to the beautiful hardwood underneath.

No wonder landlords love them

[–] datelmd5sum 18 points 3 months ago (3 children)

Here these are usually wood composite boards with a layer of veneer on top. Technically wooden floors, but not actually. Still a major step up from plastic floors.

[–] bitchkat 11 points 3 months ago (1 children)

You're talking engineered wood floors and the other guy is talking about luxury vinyl plank (LVP).

[–] lemming741 14 points 3 months ago

Landlord Vinyl Plank, I call it

[–] PriorityMotif 7 points 3 months ago (4 children)

Not a good option, especially for a rental. They bubble up when it gets wet. It's better to install vinyl plank so it doesn't get destroyed in a year.

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[–] [email protected] 1 points 3 months ago

Chaulked right full of urea based glues though. If it’s new sleep with the windows open.

[–] [email protected] 9 points 3 months ago (1 children)

The true landlord way is to not even bother gluing them down so you can keep your tenant's security deposit for "damaging the floors"

[–] [email protected] 26 points 3 months ago* (last edited 3 months ago)

You're not supposed to glue them. It's a "floating" floor meaning it needs to be allowed to expand and contract according to temperature and humidity. If you glue it down it'll start bulging and joints will open up. I install these for a living and the manufacturer instructions specifically forbid the use of glue.

[–] [email protected] 5 points 3 months ago (1 children)

Relatively cheap to install especially when it can be laid over the old flooring but it's not exactly cheap to buy though. Personally I vastly prefer the feel of LVP to laminate or parquet. It feels warmer and softer and is also much less slippery and waterproof. As a general contractor I also prefer installing it over the others.

[–] Semi_Hemi_Demigod 1 points 3 months ago

The last time I installed them was a few years ago so "cheap" might have changed since then. But I did a 20'x15' kitchen all by myself with a pair of scissors for like $300 and about a day's work. (Though I didn't put it down over hardwood because I'm not a monster.)

[–] [email protected] 37 points 3 months ago (1 children)

This is my exact fucking floor.

I have a heat pump and my landlord isn’t a psycho though, so the only way I’m moving is via the coroner’s van

[–] Buddahriffic 2 points 3 months ago

Yet my place, that was built in the last decade, only has AC. If I want to switch to a bi directional heat pump, they'll need to access the lines to add insulation, which would have added maybe a couple hundred dollars to the building cost but at this point would involve opening up walls. All that on top of the several thousand to buy the heat pump unit itself plus a conversion or new air exchanger.

The technical difference between an AC and heat pump is so trivial that IMO ACs that aren't heat pumps should be banned.

[–] Nuke_the_whales 18 points 3 months ago (1 children)

They make even cheaper stuff now, like a vinyl, fake wood sticker that goes on. I currently have that in my apartment.

[–] bitchkat 3 points 3 months ago (1 children)

The photo appears to be LVP.

[–] [email protected] 4 points 3 months ago (1 children)
[–] [email protected] 5 points 3 months ago (1 children)
[–] gac11 3 points 3 months ago

I'm down with OPP, yeah you know me

[–] Sam_Bass 11 points 3 months ago (2 children)

I have that floor and luxury it aint. Is nicer than carpet though

[–] [email protected] 7 points 3 months ago* (last edited 3 months ago)

I legit have this floor, my rent is actually $3050 in the back fucking woods of Massachusetts. It was literally the cheapest 3 bedroom we could find (partners kids). New construction, corporate landlord. Literally no idea who owns the property, or to whom my rent goes.

When I moved out of my last apartment a couple years ago(which was the exact same size), gorgeous 100yr old mill housing. Has solid wood doors, real tiled bathroom, recently (within the last 10yrs) redone electrical and HVAC. Plus the landlord and his wife were legitimately rad people and lived in the building next door and we smoked weed together, had cookouts and fires. Rent was $1650.

And the BEST part, they didn't even install the flooring correctly. It's less than 2yr old building, screws are backing out and making bumps. On top of the tiles that are peeling/lifting.

Like, my partner and I have great jobs and it's only manageable. I have absolutely zero clue how anyone doing slightly worse is getting by.

[–] meliaesc 4 points 3 months ago (2 children)

I have two kids, their shared bathroom was carpeted. Now it looks like this. 🙏🏼

[–] Sam_Bass 11 points 3 months ago (1 children)

Carpet in a bathroom should be outlawed due to health hazard

[–] meliaesc 3 points 3 months ago

Insurance companies should support as well to avoid all the water damage caused by the inevitable flood.🤦🏾‍♀️

[–] Anticorp 4 points 3 months ago

Carpet is really nice when it's brand new, and then it's never nice again.

[–] FMT99 8 points 3 months ago (6 children)

Now I don't know Canadian taxes but just out of interest I investigated once what would happen if I rented out my house (it's still newly under mortgage so I can't but just to see what would happen.) I see some of my neighbors rent out theirs from for about this amount, 2500 euros.

After taxes in my part of the world I would retain just under 18000 euros in profit per year, which is a return on investment (~500k) of about 3.5% And this is not counting any repairs or maintenance the house will invariably need.

It's a crazy amount of rent for the renter but it's at best a poor return on investment for me, and if I'm a good landlord that actively maintains the place even worse. Sticking the money into even a so-so savings account will give a better return without any headache.

Having rented for most of my life (until very recently) I feel your pain but the real problem is the insane cost of real estate.

[–] soycapitan451 13 points 3 months ago

Why Landlords never seem to take into account that rises in property/land value also equal profit has always been a mystery to me.

[–] Buddahriffic 10 points 3 months ago (1 children)

How do you define "profit" here? Do you subtract mortgage payment? Because you only lose the interest portion of that; the principal payment is also profit (just not as a liquid asset).

[–] Dultas 6 points 3 months ago

Yeah if that's after mortgage payments then that extra is really just a dividend. You have to also look at property value increase as a potential proffit as well as the payment on principle since you could sell the property in a few years and make money on that sale.

[–] madcaesar 8 points 3 months ago (1 children)

Renting out SUCKS. Especially on a small scale. Renting out your house or condo is just headaches for a return on investment you probably could have matched with the market and not have to go through the lottery of asshole tenants.

Renting starts making sense once you've got 6+ units, then you can actually make a living, but until then it's just not worth it IMO

Some people will disagree, but those people are the kind of people that "love the grind" or whether, I just think life is too short for that kind of fuckery.

We have friends that rent out and it feels like they are constantly on edge. Always on call for some bullshit. Every vacation they have to be ready to take calls and deal with shit.

[–] [email protected] 2 points 3 months ago* (last edited 3 months ago) (1 children)

Well it’s still better than wage life but nowhere close to true richness

It’s like a poc slave overseer from django. Still fucked in the ass by true rich but also hated by lower class.
For those too dumb to climb the wealth ladder with their substantial starting position

[–] madcaesar 2 points 3 months ago (1 children)

I feel like renting / Airbnb is just the rich class selling the homeowner class a pipe dream that they will get rich like them if they juts grind and rent their homes.

It's all bullshit scams all the way down.

[–] [email protected] 1 points 3 months ago* (last edited 3 months ago)

Also I didn’t mean someone who rents just one apartment but like four for example and isn’t employed to be clear. That kind of landoid

[–] Maalus 5 points 3 months ago

Well, yeah. You invest into real estate for it to pay off after 20 years and then generate you pure profit. The problem is that at that time, maintaining a 20 yo property isn't cheap either, especially with remodels in between that need to happen to keep it looking good and functional.

[–] [email protected] 5 points 3 months ago

But if you do that for as long as your mortgage lasts, at the end you have a house worth $500k, probably way more, you haven't paid a single dollar of your own money towards that mortgage and still got $18k of profit per year.

To put that money in a savings account you would need to have liquid $500k to begin with. With a mortgage, you borrow money and then rely on somebody else to pay it back

Of course that tips ever more in your favor the more money you have to begin with. While I think anyone being landlord is unethical, by far the biggest problem are real estate investors that buy 100s or 1000s of homes

[–] Anticorp 2 points 3 months ago* (last edited 3 months ago)

You can absolutely rent your house out while it's still under mortgage, most rentals are not paid off. The profit starts coming in later. 10 years from now your mortgage will be the same, but rent will be $1000 more per month. Plus you're getting someone else to pay off a major asset for you.

[–] [email protected] 7 points 3 months ago

Uh, floating click together vinyl will go great with the lease on the mustang

[–] [email protected] 5 points 3 months ago

What makes it worth the money is the sliding faux-barn doors between the bathroom and the rest of the apartment and the faux-marble island in the "eat-in" kitchen.

[–] bannanaente 2 points 3 months ago

That's quackers.

[–] Thcdenton 0 points 3 months ago (2 children)

2500 fuck that i want carpet

[–] KoalaUnknown 3 points 3 months ago* (last edited 3 months ago) (1 children)

Carpet is great until you have pets or children.

[–] Thcdenton 0 points 3 months ago (1 children)

In an apartment? Fuck that shit

[–] KoalaUnknown 2 points 3 months ago (1 children)

Cats don’t take up much space.

[–] Thcdenton 0 points 3 months ago

I love cats but they fuck shit up and litter boxes are horrid.

[–] [email protected] 3 points 3 months ago

You think you do.

What you really want is a rug over this, for every reason out there.

Carpet should be outlawed in apartments because your neighbor will never figure out the dishwasher latch.

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