onguardforthee
A Canada-specific general discussion community that allows all types of content!
Founded in opposition to bigotry and hate.
Please familiarize yourself with the rules below before posting:
Rules
1. Be Civil
-
No posts that contain racism, sexism, homophobia, transphobia, harassment, violent rhetoric, xenophobia, religious intolerance, or ad hominem replies. Be nice.
-
Do not ping users with /u/ mentions in your comments.
-
If criticizing a certain geographical region, please make sure to include a legitimate source for this criticism. Stereotyping provinces is not allowed.
-
Do not accuse others of bias, racism, etc, without proof: screenshots, archive links, blog posts, or other material.
2. Canadian Content
-
Only posts that pertain to Canada and Canadian topics are allowed. International content is acceptable if it is relevant to Canada.
-
Low effort posts and image posts may be removed without explanation and at our discretion. Link to directly to sources or articles.
3. Editorialized Headlines & Titles
-
Posting submissions must include the original title. This is necessary for consistency and clarity. Do not editorialize or make unnecessary edits to the headline or title. Extra commentary belongs in the comments section.
-
When crossposting an article, if the title is not the article headline, please resubmit it with the proper article headline.
-
Contemporary articles will get priority, Older articles may be removed.
**4. Submission General Guidelines
-
Do not post an excessive amount of new submissions within a short period of time.
-
No posts about surveys, fundraising, petitions or missing persons.
-
Submitted self posts will be removed at mod discretion, especially if they are they are low-effort, repetitive, duplicate topics, are more appropriate as a comment or google search or belong in r/AskACanadian.
-
When posting content from social media, provide a direct link to the post instead of a screenshot. No Facebook links.
5. Duplicate/Similar Submissions
-
Duplicate/similar articles will be removed.
-
Exceptions: An article about a topic may be posted even if a tweet has already been posted; if the article is a different media; if the first article was paywalled; and, if the article is an opinion piece or adds some more detail to the subject.
6. Memes & Jokes
-
In order to not clutter the front page with memes and low effort jokes, please only post this type of content on the weekend (Friday-Sunday). Memes, jokes, and off-topic discussions are welcome, but we will remove posts if the amount on the front page becomes excessive. Low-effort memes or those done in poor taste are not welcome.
-
Exceptions to the rule include in depth satire or comedy written or video pieces. Professional political cartoons may also be posted during the week.
7. No Shitposting
-
Off-topic comments which detract from the conversation may be removed.
-
Trolling, hostility, and participating in bad faith will not be tolerated.and will result in a ban. Repeated attempts at turning conversations into a hostile direction will be met with a ban.
8. Meta Posts
-
If you'd like to discuss comments in other communities, link to an archive of the comment thread rather than the full post. If there are multiple comments involved, you can make a self-post with a list of the links in question.
-
Do not vote or comment in other communities if you were linked from here. Do not submit links to submissions or comment threads you have made or are involved in. Brigading or vote manipulation will result in a ban.
9. NSFW Posts
- If you are submitting content which contains NSFW material, please tag it as such.
view the rest of the comments
Sorry, but being a landlord in a non purpose built unit is amoral during a housing crisis. You are making the crisis worse by enriching yourself on the backs of others.
The world isn't so black and white. Maybe what some landlords are doing is exploitative. However some people do need a place to stay, and renting is an option for them, this is alleviating the housing crisis. What's he supposed to do sell rather than rent? Say he sells, should he get less than it's value?
You are giving no options but saying "oh this guy is a hypocrite", without any more data (is it one house, that seems kind of legit to do), is it a complex of houses and he's charging above market rates, then maybe yeah he's a hypocrite -- but we don't know that.
It really isn't that complicated though....
You are in no way alleviating the housing crisis by adding landlords for single family homes. That ONLY raises the prices, unless those landlords are renting below their actual costs and even then the market speculation would still likely make it more expensive for everyone.
You aren't increasing supply by taking a sale unit off the market and renting it out to make a profit off "providing" someone a basic human need. That concept wouldn't pass a simple thought experiment.
You are providing a house for people to rent, people who may not be able or willing to by a house. That house is (presumably occupied) reducing the demand.
There is still a market for renters, you could make the exact same argument in the opposite direction, by not renting you are only rising the costs of rents.
Now if this was the case, I'd be more in agreement with you, but we simply don't know.
The VAST majority would rather buy a house. The idea that landlords are helping our people who would like to rent a home is tone deaf given the current state of affairs. I would wager 1% or less would rather rent a home vs buy if they had the option - for what I thought were very obvious reasons.
They aren't "providing a home to rent". They removed a home for sale from the market, making buying a new home more expensive, and then rent at a rate that makes you money. So you're simply adding a middleman to pay. Rents are set based off the sale prices, as sale prices go up, rental prices go up, because that's the alternative.
Hey, if landlords are creating purpose built rentals, great. But buying up SFH and renting them out as an investment? You're a parasite.
I'm not a landlord. Ive rented in the past. Ive definitely preferred renting in the past. I don't view owning a home as an investment, because even if I sell I very likely have to buy in the same market.
I'm not a parasite by your definition.
Maybe since we've both provided zero data to back up these speculations we both don't really know. I'm really not going to go do research.