450
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Aug 2023
450 points (98.5% liked)
Canada
7224 readers
362 users here now
What's going on Canada?
Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
๐ Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
๐ป Universities
๐ต Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- Canada Politics
- General:
- By Province:
๐ Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 4 years ago
MODERATORS
Seriously, who tf are they renting to? There aren't that many rich people.
People are spending most of their income on housing
I'm American, but I can't find a place to rent that doesn't demand an income of 3x rent. Is that not a thing in Canada?
When I was renting, places were looking the combined income of everyone living there (and any personal guarantor(s)) was at least double the rent, or that you had a long rental history that showed that you could pay.
It's simple! For me I either have to pay that much, be homeless, move to a tiny shitty city with no work in my field, or spend a year trying to find a decent place that isn't totally unaffordable while thousands of competing potential tenants do the same to renters with vacancies. So fun!
My landlord upped my monthly rent $600 bucks this year because he's a cunt and knows I have no fucking choice except to pay him.
I had another comment typed before I realized that they don't need to fill every room if they have a small fraction paying their rates.
It's fucking f2p whale economics without the f2p. Nothing against you.
Huh? Which province?
Sorry I'm late with this response, but Alberta
Well, how'd they up the rent by $600? Is there no rent control in Alberta?
Calgary is one of the best places in North America .. for landlords. Tenants have basically zero protections here. Every time my landlord does something shitty and shady I look up the law and landlords always have the upper hand.
All I got was a letter stating that as per my lease agreement, my lease is over and I would have to move out by the end of the month (which was a little over 2 weeks away) or reply to the letter to accept the $1800 (previously $1200) rental price.
Example: Have bedbugs? It's your landlords responsibility to get rid of them. If your landlord doesn't? You can move out. That's what the law states, even though it states it's your landlords responsibility to get rid of them.
Damn. Alberta is really crap. But I've heard that in cities at least like Edmonton or Calgary at least the supply is there for housing.
It is to most if you're oberying the 1/4 rent rule. That means you're making close to $100k/year, and that's a lot for a lot of people.
Well, many US landlords do a 1/3 rent rule. And Iโm hearing about some doing 1/2 rent rule. So, I guess not. But they are looking to consume as much of your income as possible.
Yeah that ain't rich.
Tell that to people who have a combined household income of $50k-$75k. Big difference.
I'll tell them to their face. That isn't rich. I'm not arguing the money doesn't make a difference, I'm arguing that isn't rich. Terminology matters, and someone making 50k is in the same classification as someone making 150k from the perspective of the actually rich. Being rich means having wealth.