Stop gouging tenants, Mayor Nenshi tells Calgary landlords!! UPDATED 2017

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Moe
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Joined: July 8th, 2013, 7:37 pm

Re: Stop gouging tenants, Mayor Nenshi tells Calgary landlords!! UPDATED 2016

#33 Unread post by Moe » December 31st, 2016, 10:19 am

I live in Ontario but similar arguments probably apply. A landlord can only charge a rent of a certain price if he wants to attract renters and make it affordable for them to pay. I have a tenant of four years plus and have never raised their rent because they are good tenants and I want to keep them. I do understand that small landlords especially, sometimes have to raise the rent. Hydro and gas are going up always (carbon tax now), property taxes here in Ontario went up 2% and water bills 10%. Not to mention that if you are entering the market as a new buyer to become a landlord, the mortgages are higher because prices of real estate is up. I think gouging is a bad word. Some small landlords are in this for the long haul and have little short term return. I know I break even to only a small profit.

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CMcDavidOil
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Joined: July 3rd, 2015, 12:01 am

Re: Stop gouging tenants, Mayor Nenshi tells Calgary landlords!! UPDATED 2016

#34 Unread post by CMcDavidOil » January 7th, 2017, 3:12 am

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