Sunday, January 24, 2021

“Beware” Landlords Baring Maintenance.


For 20 years Ontario's governments have allowed landlords to raise rents to whatever they want when an apartment has been vacated, and for the prospective tenants it’s a case of pay it or get lost.

 Ontario NDP leader Andrea Horwath, recently vowed to eliminate vacancy decontrol if elected in the next provincial election by changing legislation and creating a registry that attaches rent to each unit.

 Landlords don't agree - surprise, surprise - on the grounds that the new law would reduce their incentive to spend on maintenance or upgrades. 

What they are not saying is that, in many cases, upgrades are made from crappy materials and solely for the purpose of jacking up the rent. 

Another damned if you do, damned if you don't, capitalist situation. I guess it would never occur to Ms. Horwath to advocate a society where there will be no rent.

S.P.C. Members.

No comments: