Desmond Cole takes to the streets in Markham-Unionville district to talk to voters about the upcoming federal election.
The riding is part of the 905 area, the ring of municipalities around Toronto. These ridings often flip back and forth between the Conservatives and the Liberals, and whoever wins them often has a very good chance of forming the next government.
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Hi
I usually appreciate your most excellent journalism. I did not think that the recent video about landlords was fair to the reality that some people rent out houses, but are not avaricious and unkind. The issues of unaffordable real estate for purchase or rent, are complex, and related to many things, including decades of extremely low interest rates, Canadians mistrust of the stock market (post 2008 crash) and enthusiasm for buying property as investments and the Air bnb phenomenon.
Those conditions cut across the generations, there is no one generation ‘to blame’ for the commodification of housing, and anyone who bought a house, not with the intention of living in it for a decade or more, but with the idea that ‘real estate always goes up’ , was complicit.
I am not a landlord, but have witnessed the challenges of my friend, who rented out her mother’s house, after she died, at extremely low rates. She was incredibly patient with her tenants, and was often treated very unreasonably.
Renters assume, that all ‘landlords’ are wealthy, and making money from them. This is really, not always true.
It is possibly more true on institutional real estate corporations, but ordinary people like my friend, are not.