UPDATES: Automatic Eviction, Inflation and Interest Rate

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  • Опубликовано: 30 сен 2024
  • Landlord's Worst Nightmare: Non-Paying Tenants with Broken Landlord and Tenant Board:
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    In this episode, we dive into the ongoing battle for automatic eviction rights for landlords when tenants fail to pay rent. We discuss the journey of a petition started by an Ontario landlord that has garnered 30,000 signatures but still awaits government action. Learn about the steps required to officially present a petition to the House of Commons and the challenges of finding an MP to support this cause.
    Additionally, we explore the current state of the Toronto real estate market. With desperate sellers disappearing and pre-construction condo deals drying up, what does this mean for buyers and investors? We also touch on the upcoming announcement from the Bank of Canada and its potential impact on inflation and interest rates.
    Join the conversation, share your insights, and find out how you can help in this crucial effort for fair eviction policies.

Комментарии • 33

  • @jaymar1615
    @jaymar1615 4 месяца назад +5

    If the regulators didn't allow landlords and speculators to borrow $$ down-payment from helocs and they did more to look into current mortgage borrowers income documents uncovering fraud....the rents wouldn't be so high and people wouldn't be taking advantage.

  • @fatfishfilms4569
    @fatfishfilms4569 4 месяца назад +5

    Someone mentioned to sue the tenant board. I think thats a much better idea than getting a useless response from gov thru petition.

    • @chrislaverick6413
      @chrislaverick6413 4 месяца назад +1

      you cant though, its been tried a few times now and the govt throws it out everytime, extremely frustrating

    • @fatfishfilms4569
      @fatfishfilms4569 4 месяца назад

      @@chrislaverick6413 well too bad, time to sell and move on to somewhere with auto eviction.

    • @chrislaverick6413
      @chrislaverick6413 4 месяца назад +1

      @@fatfishfilms4569 yup, Ontario has successfully scared investors out of its own province, and building in ontario is a nightmare too, like as if they’re trying to scare you out of that industry already

  • @kathyfreeman9596
    @kathyfreeman9596 4 месяца назад +2

    Good that you are trying to get this changed!! I totally support ❤

  • @Wolfpack1298--3
    @Wolfpack1298--3 4 месяца назад +1

    The former housing minister owned a bunch of houses. Maybe you can talk to him

  • @mytsang3488
    @mytsang3488 4 месяца назад +1

    Please let us know which MPs refuse to look into the issue too. Will surely remember them. 😡

  • @DrDrae81
    @DrDrae81 4 месяца назад

    This is a waste of time, the Government won’t help you.

  • @alexhakimi7642
    @alexhakimi7642 4 месяца назад +1

    MP wants renters vote 🗳️

  • @chihochoi
    @chihochoi 4 месяца назад +1

    I‘ll definitely sign the petition!

  • @rozarozov9376
    @rozarozov9376 4 месяца назад

    Contact your local MP

  • @markniu2900
    @markniu2900 4 месяца назад +1

    Support!

  • @alkeshkbarot
    @alkeshkbarot 4 месяца назад +1

    Or other news channel

  • @siddiqze
    @siddiqze 4 месяца назад +1

    I have asked my local MP and hopefully he responds. Does it have to be an mp or mpp?

    • @condowong
      @condowong  4 месяца назад

      Must be MP, thank you!

  • @theguywiththehat99
    @theguywiththehat99 4 месяца назад

    Perhaps try targeting Conservative MPs as they are less reliant on renters than the other two parties. Also pick those without a lot of renters in their ridings. Rural MPs are a good choice as almost nobody rents and they can make a name for themselves without upsetting their local base. Good luck!

  • @kunal8520
    @kunal8520 4 месяца назад

    How can you get an MP?
    Find one who has a rental property
    Lol

  • @kellyhou9594
    @kellyhou9594 4 месяца назад

    I think you can try with progressive Conservative Party.

  • @robert7737
    @robert7737 4 месяца назад +1

    How about buying your tennant a nice steak dinner and cleaning their bathroom afterwards.

    • @viciss3224
      @viciss3224 4 месяца назад +3

      How about you just pay the RENT and be grateful your not on the streets.

    • @jeffotoole4509
      @jeffotoole4509 4 месяца назад

      Sounds good to me. How do you screw a guy who buys you a steak dinner and cleans your bathroom. Answer. You don’t.
      Foreigners acting as landlords just don’t get it.

  • @jeffotoole4509
    @jeffotoole4509 4 месяца назад

    How about taking out your tenant for coffee and asking what they are going through? How about kind ear to understand what these people may be going through? Might that work?

    • @kellyhou9594
      @kellyhou9594 4 месяца назад +1

      Landlords and agents are here for transaction. Tenants living difficulty is really not their problems.

    • @jeffotoole4509
      @jeffotoole4509 4 месяца назад +1

      @@kellyhou9594 that’s why you fail.

    • @chrislaverick6413
      @chrislaverick6413 4 месяца назад +2

      @@jeffotoole4509 you are right, take them out for coffee and have someone change the locks on them, why didnt I think of that, thank you!

    • @jeffotoole4509
      @jeffotoole4509 4 месяца назад

      @@chrislaverick6413 sounds like a plan. You know just maybe there is more meaningful lines of work then collecting rent you know. I have ran operated half a dozen different business and not one of them did I collect a rent cheque monthly. Try it you might feel enlightenment.

  • @codethemonkey
    @codethemonkey 4 месяца назад +1

    Yes, let's listen to a small rich subset of the population and make life even harder for pretty much everyone else
    God I love democracy

    • @kellyhou9594
      @kellyhou9594 4 месяца назад

      Imagine if you put all your life saving into the idea of being a landlord and ruin by someone is making poor financial judgements. Landlords did not force tenant to rent.

    • @jeffotoole4509
      @jeffotoole4509 4 месяца назад

      @@kellyhou9594 landlords are grown ups. They can sell if it ain’t working. The guy that has to hit the bricks not so much

    • @kellyhou9594
      @kellyhou9594 4 месяца назад

      @@jeffotoole4509 exactly, just the same as tenants are grown ups too. Nobody want this to happen as it is not good for the tenant’s credits. Landlords can go to court and demand the unpaid rent.

    • @jeffotoole4509
      @jeffotoole4509 4 месяца назад

      @@kellyhou9594 ya good luck with that. Stone meet blood. You people just don’t get it. Canadians are not here to be your milk source. Time to go home.