Vancouver Real Estate Anecdote Archive

“There was that big buzz about people renting out their homes and making a killing on it”

4 November 2009 · Leave a Comment

This from the CBC Tuesday November 3, 2009 3:49 pm -

bc-091103-olympic-rentals

“There was that big buzz about people renting out their homes and making a killing on it,” said Vancouver resident Tanya Peters. Peters and Tyler Jones planned to get married in Costa Rica during the Games. Their vision was to rent out their house to Olympic visitors to help pay for the wedding. But so far, they have no takers, and now regret not hopping on the gravy train earlier. “I know several people who rented out and did make a lot of money but they rented out a year ago,” Peters said. It appears the Olympic rental market has slowed to a crawl. Jones and Peters have had their home listed on various websites since July. They have dropped their price to $3,000 for two weeks from $5,000.”

Categories: 13. 2010 Olympics Related · 14. Social Effects of the Boom
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