How 'financialized' landlords may be contributing to rising rents in Canada - eviltoast
  • folkrav@lemmy.ca
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    2 months ago

    “We’re not tasked with building deeply affordable or social housing. We can’t be there. We’re in business. Let’s draw a line between these two,” said Michael Brooks, president of Realpac, an organization that represents many of Canada’s biggest landlords, including Starlight.

    I mean, yes, by definition your landlords are in it for the ROI. But there is no line to be drawn. It’s the same housing market, the same people who can’t afford to live. Canadians can’t afford to draw a line.

    • i_love_FFT@lemmy.ml
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      2 months ago

      “We’re not tasked with providing clean affordable drinking water. We can’t be there. We’re in business.”

      “We’re not tasked with preventing food poisoning or affordable healthy food. We can’t be there. We’re in business.”

      What other examples can we make where “business” is an excuse for acting in a sociopathic way?