Trumps re-election....

[Bumblebee]

This is what the stock market is for....................................if you want your money to make money, you do it here.
This way if and when you loose, only YOU loose, not the innocent tenants who have no gain in the market.

I have no problem with capitalism when your creating a good or service to be sold in the market....................when this happens you are creating a product/service to be bought and sold and it's a net good for society as goods are being exchanged for money.

When money is being used to make money, there is NO net good for society outside the individual who gets the money. When you money is making money, you are simply pulling it from somewhere else and consolidating it in your own bank account to enjoy while those around you pay the price.

NOW, on the global stock market this is fine, you have trillions moving around everyday, your trades don't even make a ripple......................but in your own local housing market, your actions directly inflate the market and it continues to inflate to the point where you actually begin to push people OUT of the market who simply can't even afford to get into it now, where 15 years ago they could have.

And before you claim that landlords create housing and offer a housing service, sit down and listen...................While that may be technically true, if you weren't doing what your doing, many of those you provide the service for could own the house themselves. Making it cheaper in the long run for everyone without paying your increased costs, and BS while you hold them hostage for a bare necessity of life.

While I am mostly conservative, I do have a heart and know that Food, Water, and Shelter are NOT options in Canada, they are basic necessitates of life and should be protected from greedy capitalists like yourself. Now, grocery stores are a plenty these days so competition keeps them in check, Water is government controlled and in check.......................Housing is a bull market and the wild west, and people are dying because of it all while the select few line their pockets ever more.

Sorry, land lords will NEVER have my ear or sympathy...................................You want to maximize your profits for yourself, I hope you get the most rotten of tenants that make you fight for every penny of it. That way at least you can say you worked for it, as hard as landlords work I guess, pushing pens, cashing cheques and making phone calls.

Cameron

In the same breath to my reply to you.....there should be tighter controls both on rent and maintenance for rentals by landlords...

A standard should have been set and enforced so the term "slum lord" could never been brought to light. We have by law officers now.....their job description should have been updated to encompass this task and they should have been given more teeth to enforce these laws.

However, this still doesn't negate the content of my previous post....

 

[Duro5341]

A retail tycoon or landlord is NOT an entrepreneur.............................................The fact you think they are one in the same is your problem.

A retail tycoon/landlord uses their wealth to buy and consolidate properties with the sole ambition to rent them out at a profit, and earns a living using their money to make money. Thus using their money, to create wealth for themselves while holding others hostage for the betterment on themselves.

An entrepreneur creates a product or service, sells it to the public and keeps the profits made from the manufacture/time spent on the product or service to their fellow man. Thus actually performing a service or creating a product to perform a function to better society.

The world can indeed survive without landlords just fine.....................The world would fall into decay without entrepreneurs pushing the boundaries and creating new things pushing technology/progress forward.

Cameron

 

[Bumblebee]

A retail tycoon or landlord is NOT an entrepreneur.............................................The fact you think they are one in the same is your problem.

A retail tycoon/landlord uses their wealth to buy and consolidate properties with the sole ambition to rent them out at a profit, and earns a living using their money to make money. Thus using their money, to create wealth for themselves while holding others hostage for the betterment on themselves.

An entrepreneur creates a product or service, sells it to the public and keeps the profits made from the manufacture/time spent on the product or service to their fellow man. Thus actually performing a service or creating a product to perform a function to better society.

The world can indeed survive without landlords just fine.....................The world would fall into decay without entrepreneurs pushing the boundaries and creating new things pushing technology/progress forward.

Cameron

I disagree with your entire post above......there's not even sense in dissecting the parts I disagree with.....

But that's ok....

So you tell me how you would go about housing for people without any renters or landlords......you might as well through the banks and mortgages in there because banks are the formation of "tycoons."

If your plan is sound enough, perhaps you need to go into politics and become the housing minister......

BTW-here is the definition of an Entrepreneur....

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
"many entrepreneurs see potential in this market"

 

[Duro5341]

If your plan is sound enough, perhaps you need to go into politics and become the housing minister......

BTW-here is the definition of an Entrepreneur....

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
"many entrepreneurs see potential in this market"

OK, So let's start taxing landlords like a commercial business then..................................It's time we see the real profits, and make them pay the taxes on said profits the same as any profitable business would. Let's also not forget the the capital gains taxes, payrol taxes, WSIB, and other costs normal business have to pay. The landlord is their own employee or possibly 2 for a couple, and thus the business should pay all the same employee taxes everyone else pays.

Rather than just pocketing the rent money and paying the costs like they live there to skirt the above mentions costs.

Proper entrepreneurs run commercial or industrial businesses.......................Time for Lardlords to do the same, if they think themselves as entrepreneurs.

Cameron

 

[Bumblebee]

OK, So let's start taxing landlords like a commercial business then..................................It's time we see the real profits, and make them pay the taxes on said profits the same as any profitable business would. Let's also not forget the the capital gains taxes, payrol taxes, WSIB, and other costs normal business have to pay. The landlord is their own employee or possibly 2 for a couple, and thus the business should pay all the same employee taxes everyone else pays.

Rather than just pocketing the rent money and paying the costs like they live there to skirt the above mentions costs.

Proper entrepreneurs run commercial or industrial businesses.......................Time for Lardlords to do the same, if they think themselves as entrepreneurs.

Cameron

Tax, tax, tax.....you must be part of the Trudeau gang....that's all they think about as well....

I don't know where your hate for landlords came from but there's counselling for that these days.....

People who rent property have to claim rent as income and are taxed on it....then have to pay property tax on that property so don't worry, there are taxes involved.

When we talk landlords......and the lack of requirement for them.......how would we go about housing students, low income people, military families, seniors, etc without some sort of a landlord??

What about someone who inherited a home and wanted to keep it in the family but couldn't live in it or perhaps they are out of province...should they be forced to sell it?

What about land lease holders who lease farm land from someone to work it, should the land owner be forced to sell it?

What about apartment buildings.....would tenants then own their apartment omitting the need for a landlord.....then they would become a condominium right?

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What about a case I know where a tenant refused to pay rent because he lost his job and the landlord wasn't allowed to evict him so had to carry the tenant for a year....and it was a utilities included rental so the tenant turned on every light and used his oven to heat the apartment, then had "Hollywood" showers costing the landlord a pile of money....and the landlord had zero rights whereas the tenant had all of them....

Where's the outrage over the tenant being a tool-bag?

 

[Duro5341]

Tax, tax, tax.....you must be part of the Trudeau gang....that's all they think about as well....

I don't know where your hate for landlords came from but there's counselling for that these days.....

People who rent property have to claim rent as income and are taxed on it....then have to pay property tax on that property so don't worry, there are taxes involved.

When we talk landlords......and the lack of requirement for them.......how would we go about housing students, low income people, military families, seniors, etc without some sort of a landlord??

What about someone who inherited a home and wanted to keep it in the family but couldn't live in it or perhaps they are out of province...should they be forced to sell it?

What about land lease holders who lease farm land from someone to work it, should the land owner be forced to sell it?

What about apartment buildings.....would tenants then own their apartment omitting the need for a landlord.....then they would become a condominium right?

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What about a case I know where a tenant refused to pay rent because he lost his job and the landlord wasn't allowed to evict him so had to carry the tenant for a year....and it was a utilities included rental so the tenant turned on every light and used his oven to heat the apartment, then had "Hollywood" showers costing the landlord a pile of money....and the landlord had zero rights whereas the tenant had all of them....

Where's the outrage over the tenant being a tool-bag?

Hahahahaha, keep assuming........................as I said before, I am largely conservative.
But when it comes to the bare necessities of life (food, water, housing), there needs to be regulation to protect us peasants from greedy capitalists.

Students can be housed in dormitories, low income have centres and financial support to help with housing, military families and seniors should be owning their homes, and if forced to move they can sell and buy in the new location where their services are required.

As for someone who inherited a property, they have a choice to keep it for personal use (wither they use it or not is up to them) or sell it and move on if they aren't going to use it.

Land lease owners should be sectioning off the land, selling the farmland to farmers to use and keep the property their residence is sitting on.

Apartment buildings should be set up as condo's where residents own everything within the walls, and a percentage of the property. Property management companies charge residents for maintenance and upkeep of the property, but are sub-contracted by the residents association and financial records are kept.

In the current system, if the landlord wants to float the tenant for a year............That's on them, and it's their choice
Right now housing is an open market same as the stock market. Sometimes you win, sometimes you loose.
The fact that tenants need to have protections from landlords only enforces my opinion, most are greedy and heartless and must be kept in check through laws because their own morals isn't enough.

There is NO outrage for the tenant being a toolbag.....................You clearly didn't vet them enough, and that's a chance you took.
Those who invest in the stock market without doing research on the companies they are investing in, stand a real chance of loosing A LOT.
Like I said, if you want to treat housing like the stock market to allow your financial wealth to make you money, then these are the chances you take.

If you choose to create a good or service to sell in the open market like actual entrepreneurs, you would have laws, contracts, and other legal means to protect yourself from harm.

Welcome to the wild wild west of housing, if it wasn't so lucrative you wouldn't be in it............................and it wouldn't be worth the risk, but you are so it must be.

Cameron