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Comments by "" (@shauncameron8390) on "Average rents in Canada soar above $2K for first time ever, new data suggests" video.
Too much siding with the tenant put rentals out of the market as they're no longer worth investing in.
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@frankmoon9350 And jack up the taxes.
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<on CPP.> Here's one of your problems. And why anyone young and working need to save and invest for their own retirement.
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How could he in the face of rising property taxes, insurance premiums, mortgages, etc.?
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Home tenants should follow their own advice. You want to live like a big-city person, then pay like a big-city person.
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<Meanwhile landlords are ignorant of this happening > And rightfully so. Landlords are not responsible for tenant's wages. Take that up with the tenants' workplace employers.
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Would that also include the greed of people thinking they're entitled to a place they don't own and/or can't afford to live in?
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@wavelength7503 Enabled and facilitated by government greed.
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@wavelength7503 LOL @ least capable. Are you that helpless? You're doing a much better job of losing than all supposedly good conservatives like to see you with your poor budgeting and attitude.
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@wavelength7503 A Boomer, I see.
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And watch equally parasitic tenants pay even higher rent.
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High demand, low supply.
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@richardramfire3971 Because property rights do no exist there.
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Singapore has no land to build anymore housing. Just like Hong Kong.
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And experience even more housing shortages having to pay higher prices for whatever's still available.
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@nickousticmusic That's what TFW's, immigrants and high-school-aged locals are for.
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Increase property tax = increase rent.
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@bonbonvegabon Hardly. Most of the people struggling live in locales ruled by Liberals and other leftists. Namely the cities.
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So are rentals due to government interference.
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@lapraxi Rent control are the reason no one wants anything to do with rentals and renovictions are a thing. Hence, the lack of supply.
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The government is largely the reason for the problem.
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@DarrellBrooks69 It figures. You're probably paying the price for not saving or investing during your working years.
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@Etaoinshrdlu69 <And a lack socialism prevents the government from building social housing.> Social housing = ghettos and slums. And socialism is the reason why there's a housing shortage in the first place. Zoning and supply restrictions.
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Do the same for property taxes, insurance premiums and mortgages.
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Actually they do. 68% of Canadians are property-owners.
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Lower the property taxes and mortgages.
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Including that of average people living beyond their means.
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@bonbonvegabon And allowed landlords to recoup all the money they lost due to rent freezes and eviction moratoriums imposed by the government.
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Exactly.
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Who happen to make up 68% of Canadians.
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But real estate is subject to the GST and PST like any other good or service.
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I see yuppies, professionals, foreign students, etc. having no problem affording to live in those houses.
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Also celebrities, professional athletes, etc.
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