Everywhere you turn more compliance, more paperwork to fill out, and a ballooning public sector to administer it.
Look no further than the new ‘Renters Bill of Rights’. A solution in search of a problem, the new bill proposes landlords to disclose a clear history of apartment pricing, a nationwide standard lease agreement, and a requirement for landlords to report tenants rental history to the credit bureaus.
This announcement is so insanely ridiculous it has me scratching my head wondering who is being paid to advise this government on housing policy?
Documenting past rent prices will do nothing to alleviate rent inflation, nor does it give any tenant additonal bargaining power when vacancy rates across all major metros are sub 3%. Are the feds creating a new app to report rents and credit scores?
Perhaps we can call this one ‘RentCan’…
h/t Jojothedogfacedboy
They’re working towards their ultimate goal: universal public housing and the outlawing of private rents.
And on a very related subject, turdo just stole a page from PeePee’s “it’s not an immigration problem it’s a housing problem” book and announced a 6 billion dollar housing program.
Sold my last rental after the Sask crowns informed me I would be responsible for any unpaid utilities. Between that and the risk of a poor tenant it is a high risk low reward business. There is no interest in protecting the landlords investment. Add this regulatory jungle and it is sure to fix the housing rental problem. After all the government fixes everything!
I’m not going to comply with this garbage. Come and get me Trudeau.
My thought is to get those that pay cash for rent, like mother-in-laws in the basement apartment, and the kid living at home saving for a house will somehow now want to disclose their agreements. Thus, exposing their family members to new taxes and regulations all for some perceived gain in credit score. Their goal is control, tax revenue, and optics. Also, what could go wrong with the manipulation of credit scores (for example, mom and dad say their paid their rent on time for 10 years straight… bullshit.
The rental problem is government bureaucratic driven problem. To fix it fire 1/2 of government welfare “employees” .
Maybe call it RentScam… as that is all it is!
You need to understand how the Trudeau Liberal-NDP government operates.
1. Screw something up very badly
2. Blame someone or something else for the problem they caused
3. Make a big announcement about some new program or massive spending to fix the problem. Arrange for paid media minions and experts to lavish Trudeau with praise about his brilliance.
4a. Don’t actually produce anything other that millions or billions spent on consultants, bureaucracy mismanagement and kickbacks. Hope that everyone forgets about the problem because of a new Trudeau scandal
-or
4b. Implement the expensive, badly thought out program that makes the problem even worse and increases the debt then increase carbon taxes.
-Return to point 1 and repeat the process-
SOP for governments everywhere; that is why their power must be limited.
Once again, the Trudeau Party ignores the constitution in a naked attempt to accrue more power to the federal government. None of what they are doing will help, and will more likely result in bad outcomes, which is normal for this government
I would suggest A solution in search of a landlord
The Federal Elmer Fudd of a rental hunt.
The tenants in my basement suite move out in August. I won’t be rerenting it. So much for Trudeau improving the housing situation. Others will do likewise, either not rent or move to short term (B&B) rental.
I’ll probably do the same, but mine is a good tenant, and has made no hint of moving. When you get a good tenant, you don’t jack up the rent, you keep it low to try and keep them. Luckily, I’ve had good tenants for the last 12 years. But if this tenants act goes through, I’ll have to get this guy to self-identify as a nephew.
And he’ll be my last tenant as well.
Shrug. I would never invest in rental real estate. Way to much government already. This makes it worse.
Trudeau just can’t help himself, the problem is immigration, the solution he figures is bad landlords. Since Trudeau has no clue how supply and demand works, he figures he can increase supply by increasing rental regulations instead of decreasing immigration.
The Dippers have control of our schools and they educate the kids that the collective can solve their problems by investing in debt, build their housing project, clean their teeth, pack their lunches and make the weather colder by taxing carbon. They are so fu*ked!
Everything government touches turns to shit. When it comes to housing, we have three levels of government tripping over each other to make it more expensive. Regulate , plan, zone, plan, mandate, control, tax, charge fees, plan, adopt green shite, sit on land, make land unavailable, regulate, regulate, regulate…….. then run for office on a platform of affordable housing from “better regulation”.
If this surprises you then you’ve been asleep since 2015. One of the core methodologies of this government is hyper-regulation to kill the last functional vestiges of the thing they wish to put entirely under their thumb. They’ve done it to every portfolio I’ve been involved in. Beyond simply destroying that which they hate – freedom – hyper-regulation also creates a plethora of new crimes under the Beriya doctrine, so that it is impossible for average Canadians to know the totality of the law, or comply with it. You will always be guilty of something so when the time comes to take YOU down, the offence is ready-made.
For a better-written explanation, I strongly recommend Glenn Reynolds’ “Ham Sandwich Nation”, an article about due process when everything is a crime.
More control. It is time to start controlling this government.