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Joined 1 year ago
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Cake day: June 15th, 2023

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  • The tenants literally pay the taxes, insurance and maintenance in their rent payment. When any of these inflates, so does the rent unless there are protections in place.

    So being a landlord means someone else pays the mortgage for your unit.

    The only thing that could be seen as a service are short term rental, and even then, it was abused to death by the AirBnB/VRBO and any other short term rental service.

    Rent seeking is the most capitalistic thing someone can do : you use your money to get someone else to pay your rent. You do the minimal maintenance that you can get away with, and when you actually do real maintenance, your tenants get a rent hike.

    If there weren’t any landlord, there would still be housing. But a lot more people would own the place they live in, at a reasonable price, instead of housing being used as an investment vehicule.












  • I’m from Quebec and we have this character called Elvis Gratton and one of his famous line is “Ils l’ont l’affaire les americains” or in bastardized English “Americans know what they are doing”.

    Elvis Gratton is a caricature of a typical man of that era where a lot of Quebecers were enamored with the US. At that time in the US, it was the golden era of the American dream (but we know how it turned out).

    When I see conservatives spreading their bullshit, it reminds me of that character which is not very intelligent and how pervasive the US conservative propaganda is in Canada.




  • Tenants are already getting fucked over. People already on financial strain hit by a 25% rent increase over 2 years like it happened here will lose their apartment and the landlord gets to keep his property that “pays for itself” (see: someone else is paying their property). And that sets a precedent for other landlords.

    At one point in time, the trade off for renting was a lower monthly payment than a mortgage and a maintained apartment by the landlord.

    Nowadays, tenants pay for the entirety of the mortgage, and landlords complaint when they aren’t cashflow positive month to month and don’t maintain their property because they have the big end of the stick on a human right.

    And the response from the government? “We’ll look into it”. Fuck that noise.