Two sisters were shocked when a Toronto landlord raised their rent by $7,000 per month.
The landlord had told them he wanted to raise the rent to $3,500 and when they complained he decided to raise it to $9,500.
“We know that our building is not rent controlled and this was something we were always worried about happening and there is no way we can afford $9,500 per month," Yumna Farooq said.
You’re trying to pretend landlords only exist in a vacuum instead of in society where people can’t afford the necessities for basic survival. Landlords play a huge role in making sure housing prices are above a “natural” level, all while contributing no productive value to society. There’s a reason why plenty of capitalists are against rentiers.
My position is like the most nuanced in the world while.yours is the most radical.
Landlord maintains their assets while the renter does not have to think about it. That’s the benefit of being a renter and that’s why there is a market.
Stop being radical, it does not help at all.
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You’re trying to pretend landlords only exist in a vacuum instead of in society where people can’t afford the necessities for basic survival. Landlords play a huge role in making sure housing prices are above a “natural” level, all while contributing no productive value to society. There’s a reason why plenty of capitalists are against rentiers.
My position is like the most nuanced in the world while.yours is the most radical. Landlord maintains their assets while the renter does not have to think about it. That’s the benefit of being a renter and that’s why there is a market. Stop being radical, it does not help at all.