Jacqueline Porter

@Rumplestillsk13 @JusticeQueen6 @johnny199r The family in the story has two parents, both employed full time Doesn't sound like poor life choices to me There is just nothing for rent in Lunenburg County right now I watched rental after rental get sold during the pandemic Mass homelessness of children was 💯 foreseeable

@TenureNeutral @JusticeQueen6 @johnny199r Yeah, I’m sure poor life choices had absolutely nothing to do with it🤦🏻‍♂️

@JusticeQueen6 @johnny199r Under such a system, realtors would advise potential buyers against buying tenanted properties if they needed to move in right away Ppl who wanted to move ASAP would buy properties that were owner-occupied

@JusticeQueen6 @johnny199r Or just balance the interests of the two parties in deciding when to evict In Switzerland, the tenant can apply to extend their lease for up to 4y when facing a no-fault eviction, if the eviction would cause hardship to the tenants that can't be justified by the interests of LL

@CWhitzman Tenure-neutral taxation! My Swiss friends were astonished when I told them Canadian homeowners don't pay tax on imputed rent!

@StephenPunwasi Finding a partner who owns a house is like winning the lottery! I used to find Pride &Prejudice charming, but now it's feeling a bit too real . . . 😬

Anyway, I got a text from a friend I volunteer with. She was like, "goddammit you were right. I can't dump my bf because moving out is too expensive." Professionals partnering up due to a lack of options. Regression sold as progress. Young people in 🇨🇦 are not okay.

@kitsauder @CityofVancouver A Renter's Advisory Committee! What a great idea! Do we have anything like this in Toronto? @JoshMatlow

Very proud to say that at our July 20th Special Meeting of the @CityofVancouver Renters' Advisory Committee we introduced, debated, amended & unanimously passed 3 substantive motions to improve the policies supporting renters & affordability in Vancouver. #VanPoli #BCPoli 1/5

@tombroen @ronmortgageguy With lower wages, less affordable housing, weaker protections for tenants, and much much more homelessness.

Wow If I Was In China I Would Want My Money OUT Of The Country I would want to park it in Real Estate in a country my kids are going to university and have an easy path to Permanent Residency so my money would be safe OH SNAP!!! Wait a frigging second........

@RobynUrback Or frankly the $7B annual tax expenditure that is the PR exemption . . .

@RobynUrback Isn't that (effectively) what HELOCs & leveraging do? I have a hard time w those who argue we should curb inflation by cutting pmts to the poorest Cnds, but are silent about the massive amounts of $ injected into the economy through HELOCs & leveraging . . .

Flood the economy with free money to combat inflation

@RobynUrback @StephenPunwasi, are HELOCs and refinancing not a source of inflation as much as, say, the Canada Child Benefit?

@PeterofRecord Profiteering at work . . .

We’ve done a lot of lease listings since May and the amount of people voluntarily offering the entire year upfront in the past couple weeks has been staggering.

@AlbertaHousing @StatCan_eng 79% of evictions were "no fault" Our laws permit tenants to be evicted - even into homelessness - on a few mths' notice, even if lease not breached Tenants should be able to extend lease where eviction would cause them hardship that can't be justified by interests of landlord

Shocking (hopefully) nobody, 2021 CHS results confirm Black and Indigenous Canadians are almost 2x more likely to report being evicted than white Canadians. www150.statcan.gc.ca/n1/en/catalogu…

Finally! "The City of Toronto has launched a legal challenge of an Ontario law that allows tenants to be evicted without a hearing if they fall behind on arrears repayments." thestar.com/news/gta/2022/…

@itsahousingtrap If Ontario hasn't had vacancy control since 1991, yet we still have a massive rental housing shortage . . . It's hard to argue that the current system of rent control is incentivizing development.

The idea that a hard control on rents wouldn’t impact these very thin deal economics is a brain dead take. We tried CPI-capped rent control WITHOUT vacancy control in Ontario from 1975 until 1991 and it wrecked our market. Vacancy control is even worse than the CPI cap.

Once again, Jen Keesmaat demonstrates that she either doesn’t understand development, or is willing to mislead the public in exchange for social media points.

@itsahousingtrap Vacancy control tries to do what profit-cap rent control does better: prevent landlords from profiteering off the scarcity of rental housing. Check out what they do in Switzerland: saltwire.com/atlantic-canad…

Now just at the moment when the rental market is finally coming back, we have senior public officials and a former chief planner advocating for disastrous policies like this. Real 🤡 stuff.

@Arkeleno @StephenPunwasi @areacode416 Not if new rentals aren't subject to rent control.

I'm all for ending fake renovictions, but this is such a horrible idea. I know it's more paperwork, but why not make every landlord that's filing an N13 (renos) or N12 (family member moving in) officially register it. Then follow up and hold accountable. thestar.com/news/gta/2022/…

@AlbertaHousing It all depends on what the rent control is controlling (price or profit) and how it is structured. Re rent control causing housing shortages: take a look at Nova Scotia 1993-2019: totally free market system, yet construction failed to respond quickly enough to falling vacancies.

Arguments against: - doesn't do much for affordability (bc of vacancy decontrol) - reduces new construction (leading to housing shortage) - reduces maintenance of existing buildings - reduces mobility/creates mismatch between housing needs - incentivizes conversion to condos etc

Working on a post about rent control. Based on reading so far... Arguments in favor of rent control: - improves security of tenure (an essential part of the right to housing) - stabilizes neighborhoods, reducing displacement

@AMacEwen Yes, I take your point. I'm coming from the perspective of a dual income HH earning in the top 10% who was shut out of the market by lack of access to capital rather than lack of income Watching ppl earning half as much as us buy homes while we were shut out seemed v unfair