According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.
According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.
Landlords should be outlawed. They provide no service to society, only harm
They’re supposed to fill the gap for people who can’t afford to buy, or for whom it doesn’t make sense to do so (i.e. people in town on a temporary job).
The problem is that “landlords” these days are more towards the class of “investors” who expect rents to cover the cost of their mortgage plus additional profit
They are the reason why people cant afford to buy. Thats a looot of buildings going for sale if you get rid of landlords. Plummeted prices and mortgage payments. Then we should be focusing from the bottom up afterwards, make sure everyone has some place to live with public housing.
Yup, so take away the ability to grossly profit off the backs of others and allow the scales to balance. There’s no reason we can’t do both by disincentivizing gouging and slumlording while at the same time increasing the creation of more affordable housing.
Hell, if a sliding-scale of fees against # of properties/profit were implemented they could use the revenue from that to help fund more affordable housing, while discouraging house-hoarding at the same time.
Outlawing landlords gets rid of price gouging and slumlords. You cannot own property you dont live in, period.
So in your mind all those new grads out getting their first jobs should just be homeless for 30 years until they can afford to buy a house? That’s a pretty harmful idea.
Youre looking at this from the current situation, corporare landlords are running amok buying all the property and only renting, decreasing the supply of houses available to buy instead of rent.
Outlawing landlords means all rental property goes up for sale, and only for people that will live there. Add on some pressure that current landlords have to sell within a few years or it goes to the state, and youre gonna have plenty of cheap houses for sale.
While I don’t completely agree with an outright ban imo there should be strict limits to the amount of residential property a person or corporation can own.
No one should be making significant profit off of something so essential.
Landlords only buy property as an investment vehicle. You cant keep landlords and not have housing being a money making scheme.