this post was submitted on 30 Aug 2023
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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.

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[–] [email protected] 26 points 1 year ago (10 children)

My landlord pays 1200$ for her mortgage and I pay 1000$ fir renting the mold infested basement !

[–] [email protected] 7 points 1 year ago (9 children)

In the last year my mortgage has ballooned by over 1k a month from 1600$ to 2700$. In that same period my basement tenant has seen her rent increase 0$.

Why? Because mortgage rates and affording my house are not her problem. That's the responsibility I assumed when I bought the house. I don't intend to raise her rent now or any time in the future.

Sadly, I keep being painted with the same brush as all the other quite frankly shitty people that call themselves landlords.

[–] [email protected] 0 points 1 year ago (6 children)

Yes, because landlords as a very base idea should not exist. Sure you're being a "good" landlord, but the concept itself is having other people pay for the thing you own, while they get nothing of that investment.

[–] terath 4 points 1 year ago (4 children)

The idea that landlords shouldn't exist is one of the most ignorant and thoughtless rage memes going around right now. There are many many many situations where people need to rent rather than purchase, and without landlords there is no renting.

[–] [email protected] 1 points 1 year ago (1 children)

Rentals can (and should!) exist without landlords.

[–] terath 1 points 1 year ago

Someone has to own the building genius. That person is the landord. The only alternative to having a corporation or individual as the landlord, is having the government or a coop as a landlord. There is a place for those, but sorry I'm not for communism, that can't be the only option as otherwise we run into the well known problems with communism, no competition leads to shit quality, which is generally what you get from government run housing.

[–] [email protected] 1 points 1 year ago

Name a single situation that couldn't be solved in any other system

[–] [email protected] -1 points 1 year ago

The fact is if we seized all the rental property from landlords tomorrow it would only improve the situation in this country.

Landlords contribute nothing to the economy. They exist only to take money, make a passive income by doing pretty much nothing. Lmao, I guess they have to call a plumber every now and then, or post an ad on Kijiji

[–] [email protected] -3 points 1 year ago

Bro, you're a scalper. Landlords shouldn't exist.

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