4 ms·
Landlord here. Someone else said it best. We have mortgages to pay too. The province also shut down the possibility to evict in order to pay it (for now). CERB
by davidg109 6y ago
Landlord here. Someone else said it best. We have mortgages to pay too. The province also shut down the possibility to evict in order to pay it (for now). CERB nullifies what would have been an explosive, shitty situation for everyone.
- tonyedgecombe 6y agoWe have mortgages to pay too. Oh you poor things.
- hello_friendos 6y agoLandlords complaining about being unable to evict people during a pandemic really shows how unnecessary landlords are.
- nlitened 6y agoFrom time to time landlords have to go bankrupt after taking too much leverage. If landlord’s mortgage is risk-free, it means that the landlord is leveraged at the expense of people who don’t have home — which is rather unfair economically, and leads to more inequality. Wealthy risk-free landlords get passive income and re-invest it into more leveraged assets, poor people pay taxes to bail-out their landlords.
- davidg109 6y agoI’m not sure where you are going with this. Are you saying CERB shouldn’t exist? For the inequality issue you mention, what solution would you propose? A socialist state?