Keaton Bessey (@kbessey) 's Twitter Profile
Keaton Bessey

@kbessey

Renting +120 homes per year to those who can afford it #housingcrisis | $1B RE managed by age 30 | 99.9% Rent Collection | (Re)Tweets ≠ Advice | DM Me

ID: 606824398

linkhttps://linktr.ee/kbessey calendar_today13-06-2012 02:25:11

7,7K Tweet

1,1K Followers

212 Following

Keaton Bessey (@kbessey) 's Twitter Profile Photo

"Real Estate produces nothing" Does innovation and patent applications correlate with high housing costs? There is evidence that high housing costs can both positively and negatively impact innovation. Positive Effects - Can boost innovation due to the wealth effect: Rising

Keaton Bessey (@kbessey) 's Twitter Profile Photo

"Real Estate produces nothing." Show me a chart where the income of homeless individuals compares to those with stable housing to show that housing doesn't play a role. "A Landlord does not build anything." Show me a carpenter, builder, or developer who constructs a building

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Rental Listings up 34-41% in #vancouver and #burnaby since April. We're feeling it on the ground as well. 😅 #tenants will have more choice through the end of this year as rental activity continues to slow. If you're looking for affordability, now is the time to get out there

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Come on Michael Wiebe. You know what would make housing more affordable? If we did not build luxury apartments and just built new apartments. While I am all for people using their land and business to generate a profit, #vancouver House is an awful example of how we "get" more

Keaton Bessey (@kbessey) 's Twitter Profile Photo

If 🇨🇦 has a historically high % of people working for the government, and unemployment is increasing, what’s our ACTUAL unemployment? What happens when public jobs are cut and there are no other jobs for them to go to?

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Just spitballing here… I’ve been saying DC’s need to be removed and Property Taxes increased to deliver more affordable housing. While the Property Tax increase to assist the municipal budget has other affects on affordability, removing DC’s on a project to have the homes sold

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Removing complications and inefficient incentive systems will bring costs down over time: - Cities should be funded by properties that exist in the city (new or not) - Increasing Property Tax across the board to cover the loss of DC’s will make land less attractive to hold -

Keaton Bessey (@kbessey) 's Twitter Profile Photo

The files are in the computer? Always have a backup key for your electronic locks. Forget a hurricane, power, connectivity, temperature, failed break in, anything can have these things fail.

Keaton Bessey (@kbessey) 's Twitter Profile Photo

“I absolutely do NOT want a tenancy situation where I am bound by the rules of the tenancy act. “ - New Landlord Don’t buy property in BC then🤷‍♂️. Also, quit taking investment advice from the Globe and Mail. The vast majority of tenancies are just fine.

Keaton Bessey (@kbessey) 's Twitter Profile Photo

🇨🇦 has deemed “housing as a human right” but has not taken the steps to create the environment where that can take place. The immigrants are not the problem, the “door guy” (Fed) is. 🇨🇦 should check how many chairs they have before they invite people to take a seat. Telling

Keaton Bessey (@kbessey) 's Twitter Profile Photo

🚨 Big news! After 4 years of work, we’re launching AutoStrata by Greater Vancouver Tenant & Property Management Ltd. for BC’s small strata communities (10-70 units)! 🏢 Co-founded by me (12+ yrs in property mgmt) & Rob Boyko (software + prop mgmt), we’re delivering financial

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Interesting Trend with #vancouver Rental Listings Listings Data* Jun '23 - 1,088 Aug '23 - 1,173 8% increase from Jun to Aug Jun '24 - 1,740 (⬆60% YoY) Aug '24 - 2,413 (⬆ 105% YoY) 39% increase from Jun to Aug Anectotally, we saw a significant slow down mid July 2024, and

Keaton Bessey (@kbessey) 's Twitter Profile Photo

Is this happening in #Vancouver or #bcpoli? I know #Burnaby has a big balance sheet, but are they not allowed to spend it?

Keaton Bessey (@kbessey) 's Twitter Profile Photo

If all “Landlords are Parasites”, and many Landlords are also Tenants… Its really easy to pick the worst of a defined group and villainize the whole group. This is called “composition fallacy” and it’s a key contributor to the #housingcrisis in #vancouver Its a real shocker

Keaton Bessey (@kbessey) 's Twitter Profile Photo

I love when I look at our internal data and I know it’s anecdotal… …but then I look at other larger data sets and ours matches it😂