So do we just... fuck over all the renters living in landlord-owned units for the next 5-20 years while this cool new mass public housing is being built by all those extra construction workers we definitely don't have a shortage of?
What is this supposed to prove?
I agree! However, it will take a lot of time and carefully crafted policy to make that happen, without perverse incentives appearing. In the meantime, we have to live in the real world and deal with landlords as a (hopefully temporary) fact of life.
Landlords are not philanthropists. You are not going to find a big group of homeowners who want to rent at a loss out of the goodness of their own hearts.
I would love if the government took strong measures to encourage home ownership and discourage treating real estate as an investment. Really, I would. But that will take many years of hard work and economics PhDs to concoct a plan that works. So, until we find a government with the balls to do that for real, we have to understand that dealing with landlords in a realistic way is a necessary evil.
Because if you nuke rentals without first ensuring people can afford to buy, all you'll accomplish is to create a mass housing shortage worse than you've ever seen.
Good luck in your search! We're very lucky to have actually just found a buyer for the full list price, but yeah, the market is rough right now
Running a red ≠ going through a yellow. The latter is legal – that's the whole point of a yellow, to give warning for folks who are a bit too late to stop.
I have NEVER gone through a red, and yet I routinely substantially speed. There's no excuse for running reds. If your reaction time is too shitty to stop quick enough, drive slower. But some of us have very fast reaction times indeed.
Thank you. You're exactly right.
Fuck people that run reds. As a speeder, even I can agree with you on that. I'm so sorry for what happened to you, no one deserves to be put through that.
I'm an Ontarian driver. I hate speed traps, and I will purposely go out of my way to avoid them, or otherwise figure out exactly where the device is so that I can slow down for it.
I'm sorry, but for all the folks that want us to drive 40 everywhere in "community safety zones"... you're living in dreamland. We all have places to be.
Have barriers and well-designed crossings. Fast cars can't hurt pedestrians if they aren't on the road to begin with.
Oh, just to clarify, the house is owned outright with no mortgage, so at least we don't have any equity problems like the first article mentions. However... yeah, that's not looking promising. I'm inclined to think it's better to drop the price by €101K or so. Better to do that and get the money now, than get stuck with it for many more years while the market recovers. Do you think that could make sense?
We do have some rental income, but it's managed by the family friend, who only rents out to "nice families" she knows. We're half-booked for July and August. It drives me a little bit crazy that they resist doing a proper managed Airbnb in the meantime.
Honestly, I'd love to get rid of the property in hopes that we can then buy into something that WE control. I'd like to think I'm half decent at financial management, but to be effective, we need to actually have control. The family friend is a really nice lady, but she's no financial manager, that's for sure.
Do you realize how many suicides and assorted anguish such a crash would cause?
I swear to gods, you people don't really know how to think things through.