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Currently this is compounded by the outrageous cost of living in any city and the heavy discrimination towards the homeless. Further away but still canada Ontar

Currently this is compounded by the outrageous cost of living in any city and the heavy discrimination towards the homeless. Further away but still canada Ontario is $1200 cad for a 2 bedroom and $900 for single, that's at it's cheapest point. However If you're paying for it by welfare be it disability or Ontarios version of unemployment - you'll be denied. Doesn't matter if you have the money upfront and guaranteed, landlords don't want people who are homeless. Government housing is a 2-5 year waiting list. There's people right now on disability whom can have rent covered in its entirety, apartment complex landlords refuse. Yet some wonder how homelessness continues.

thrower123 6y ago
Quite frankly it is not worth the pain and expense of leasing housing to people who are on section 8 or similar welfare programs, if you are an independent landlord. Margins are not great to begin with, and a tenant that trashes the place or refuses to pay, quickly wipes out any profits. It's not a very good risk to take in the current market.
- badconvincer 6y ago
  If I remember correctly the government pays you to house the tenants. But yes, they trash the premises and speaking to someone that does this, the only way the margins work is if you do all the fixes yourself.
CryptoPunk 6y ago
>>the heavy discrimination towards the homeless There was heavier discrimination towards the homeless in the past, with vagrancy laws for instance. The situation has gotten much worse as society has become more tolerant of homelessness/drug-use while providing far more services to those in that lifestyle. Housing costs are indeed a problem however. The largest cities in Canada, as in the US, have seen rental rates increase as a share of average income. One study looking at the US blames this on rising restrictions on land-use since the 1960s, which has prevented housing supply from expanding to the meet the growth in housing demand: https://web.archive.org/web/20201117212350/https://eml.berkeley.edu/~moretti/growth.pdf https://web.archive.org/web/20201117212350/https://eml.berke...
Chris2048 6y ago
> Doesn't matter if you have the money upfront and guaranteed What kind of guarantee is provided?

thrower123 6y ago

Quite frankly it is not worth the pain and expense of leasing housing to people who are on section 8 or similar welfare programs, if you are an independent landlord. Margins are not great to begin with, and a tenant that trashes the place or refuses to pay, quickly wipes out any profits. It's not a very good risk to take in the current market.

badconvincer 6y ago
If I remember correctly the government pays you to house the tenants. But yes, they trash the premises and speaking to someone that does this, the only way the margins work is if you do all the fixes yourself.

CryptoPunk 6y ago

>>the heavy discrimination towards the homeless There was heavier discrimination towards the homeless in the past, with vagrancy laws for instance. The situation has gotten much worse as society has become more tolerant of homelessness/drug-use while providing far more services to those in that lifestyle. Housing costs are indeed a problem however. The largest cities in Canada, as in the US, have seen rental rates increase as a share of average income. One study looking at the US blames this on rising restrictions on land-use since the 1960s, which has prevented housing supply from expanding to the meet the growth in housing demand: https://web.archive.org/web/20201117212350/https://eml.berkeley.edu/~moretti/growth.pdf https://web.archive.org/web/20201117212350/https://eml.berke...

Chris2048 6y ago

> Doesn't matter if you have the money upfront and guaranteed What kind of guarantee is provided?