(Thread IKs:
ZShakespeare)
|
Argas posted:its time to get rid of domestic home ownership too Private property was a mistake.
|
#
?
Apr 8, 2022 00:03
|
|
|
|
| # ? Jun 3, 2024 11:18 |
|
|
A huge portion of the drive for home ownership in North America is built on our abject failure to protect renters from abuse. At the end of the day: what's the fundamental difference between paying rent and paying a mortgage on an absurd amortization, as is common? Either way, some rear end in a top hat gets your money every month and if you don't pay it, you're out on your rear end. But if you have a mortgage, there ain't no bullshit like "your landlord can enter your apartment provided they give notice" and "you can't have pets or smoke a joint or a cigarette if you want to" and, except for non-payment, they can't throw you out and force you to move on short notice. People put up with the bullshit of home ownership because the alternative is unstable and awful. We can fix that, if we choose. Other countries do so.
|
|
#
?
Apr 8, 2022 00:19
|
|
|
PT6A posted:A huge portion of the drive for home ownership in North America is built on our abject failure to protect renters from abuse. At the end of the day: what's the fundamental difference between paying rent and paying a mortgage on an absurd amortization, as is common? Either way, some rear end in a top hat gets your money every month and if you don't pay it, you're out on your rear end. But if you have a mortgage, there ain't no bullshit like "your landlord can enter your apartment provided they give notice" and "you can't have pets or smoke a joint or a cigarette if you want to" and, except for non-payment, they can't throw you out and force you to move on short notice. Even in the case of non-payment, you're so much better protected with a mortgage. In Saskatchewan, for example, if a renter doesn't pay rent within 15 days of it being due, their landlord can end their tenancy and get possession of the house (enforced by the sheriff) within 10 days of that deadline, and get a judgment against the tenant for any unpaid rent at the same time at a landlord-friendly administrative tribunal. If you're a mortgagor that stops making payments on the loan, the bank needs to hire a lawyer to make a court application to get a judge's permission to commence a lawsuit for repayment of the loan (and aren't allowed to get legal fees for that process), and give the tenant a month's notice of that hearing. If the mortgagor has a reasonable plan to bring the loan current or sell the house, a judge will adjourn that application for up to 8 months. If the bank does get permission to sue, the foreclosure process takes at minimum 6 months after starting the lawsuit, and can take over a year, and the mortgagor doesn't have any obligation to make payments during that time (and if they bring the mortgage current, the action gets dismissed). Even if the bank gets an order for foreclosure or sale, they can't sue the mortgagor for any money owing on the mortgage, no matter how underwater the mortgagor is on the house, and regardless of whether it's the mortgagor's residence. It's a 1-2 year process, during which you live in the house completely rent-free, with no negative financial consequences at the end except for a bad credit report. There's really little different between the obligations of a tenant vs. an owner, other than credit and the ability to come up with a down payment at the outset. It's reaaaaaaaally clear who the government cares about when you look into how they treat property owners vs. tenants. Especially when considering the relative rates of property ownership among white vs. indigenous people in the province. bub spank fucked around with this message at 01:09 on Apr 8, 2022 |
|
#
?
Apr 8, 2022 01:01
|
|
|
bub spank posted:Even in the case of non-payment, you're so much better protected with a mortgage as well. In Saskatchewan, for example, if a renter doesn't pay rent within 15 days of it being due, their landlord can end their tenancy and get possession of the house (enforced by the sheriff) within 10 days of that deadline, and get a judgment against the tenant for any unpaid rent at the same time at a landlord-friendly administrative tribunal. Thanks, that's actually insane to think about, and I don't have any proximate experience with either process (luckily) but it is shocking to see the difference in how it's treated. EDIT: As regards First Nations home ownership, I have heard that a significant factor is that mortgages are much less available as there are often restrictions on who can own First Nations property - meaning it can't be used as collateral for a mortgage. And while I understand why those restrictions are in place, there's this huge unintended consequence of many First Nations people being shut off from the financial instruments that everyone else uses to afford a home. PT6A fucked around with this message at 01:21 on Apr 8, 2022 |
|
#
?
Apr 8, 2022 01:18
|
|
|
Good news, everyone: the removal of public health measures is going exactly as expected! https://www.cbc.ca/news/canada/edmonton/hinshaw-covid-19-alberta-1.6410028
|
|
#
?
Apr 8, 2022 01:43
|
|
|
In a tiny little amount of good news: https://news.gov.bc.ca/releases/2022LBR0006-000485 BC's going back to card-check union certification, making it slightly more difficult to spuriously fire your way out of a union drive
|
|
#
?
Apr 8, 2022 03:39
|
|
|
PT6A posted:EDIT: As regards First Nations home ownership, I have heard that a significant factor is that mortgages are much less available as there are often restrictions on who can own First Nations property - meaning it can't be used as collateral for a mortgage. And while I understand why those restrictions are in place, there's this huge unintended consequence of many First Nations people being shut off from the financial instruments that everyone else uses to afford a home. This comes from a fever dream of the Harperites to deligitimize First Nation sovereignty and turn them into municipalities. Not that there isn't a severe housing crisis on reserves or that the current system is good, but allowing colonial institutions to have liens on FN properties would guarantee immediate balkanization and wouldn't solve the underlying problem of inadequate funding, which would end up being worse after servicing the costs of the one time capital injection. Anecdotally, my native friends' families growing up were completely opposed to individual ownership, despite the serious hardships they experienced.
|
|
#
?
Apr 8, 2022 03:40
|
|
|
evilpicard posted:This comes from a fever dream of the Harperites to deligitimize First Nation sovereignty and turn them into municipalities. Yes, it's very much a lose-lose situation. On one hand, you are completely correct that allowing colonial institutions to hold FN property as collateral is dreadful; on the other hand, it's pretty clear at this point that property ownership, enabled by secured debt, is viewed by the government as the one True and Holy Way for people to invest in their retirement, and cutting Indigenous people off from that is really bad. It's poo poo policy for pretty much the entire country, but it's especially poo poo for the First Nations.
|
|
#
?
Apr 8, 2022 03:49
|
|
|
Madkal posted:Curious to know if a UBC student owning a mansion in Point Grey or an unemployed mom owning a 5 bedroom house in Richmond count towards this. The numbers that they cited back in 2016 were basically the absolute floor because depending on what you consider "foreign capital" there was plenty of other ways to interpret foreign capital inflows. One example would be via numbered corporations. That issue has been dealt with as the BC NDP brought in a beneficial ownership registry. Another example would be foreign persons purchasing in partnership with permanent residents and citizens. I do recall there was some followup research that peeked into that and found it wasn't uncommon for there to be purchases where a foreign person was part of the ownership group.
|
|
#
?
Apr 8, 2022 05:05
|
|
|
PT6A posted:But if you have a mortgage, there ain't no bullshit like "your landlord can enter your apartment provided they give notice" and "you can't have pets or smoke a joint or a cigarette if you want to" and, except for non-payment, they can't throw you out and force you to move on short notice. Swap "landlord" for "property management," keep the mortgage, and you have a condo. And a concise list of the reasons I have no desire to buy a condo.
|
|
#
?
Apr 8, 2022 05:10
|
|
|
tagesschau posted:Swap "landlord" for "property management," keep the mortgage, and you have a condo. And a concise list of the reasons I have no desire to buy a condo. Except I can smoke (I don't smoke inside, but I could), I can have pets, and they can't enter my condo if I tell them to gently caress off. So really it's completely different.
|
|
#
?
Apr 8, 2022 05:42
|
|
|
PT6A posted:Except I can smoke (I don't smoke inside, but I could), I can have pets, and they can't enter my condo if I tell them to gently caress off. Your condo corporation can ban pets, force you to purchase and install a particular kind of toilet, and can enter to complete that installation whether you like it or not, so, um, not really. And there's also the fun of idiots getting themselves elected to the board and removing amenities they don't like.
|
|
#
?
Apr 8, 2022 05:57
|
|
|
tagesschau posted:Your condo corporation can ban pets, force you to purchase and install a particular kind of toilet, and can enter to complete that installation whether you like it or not, so, um, not really. I can only speak for every single condo I've lived in, but all the requirements are "you let us in to do it, or do it yourself" and while I can still see why you wouldn't like that, it's a completely different situation.
|
|
#
?
Apr 8, 2022 06:10
|
|
|
You know what? I'm actually surprised those rights haven't been legislated away years ago. Especially in Mordor, of all places. I can't legally strike, nor have the employer's vessel arrested for non-payment of crew. Fuckers cooked in an exemption for themselves. Somebody fucked around with this message at 01:31 on Sep 10, 2022 |
|
#
?
Apr 8, 2022 06:14
|
|
|
.
Legit Businessman fucked around with this message at 01:15 on Sep 10, 2022 |
|
#
?
Apr 8, 2022 06:49
|
|
|
PT6A posted:Except I can smoke (I don't smoke inside, but I could), I can have pets, and they can't enter my condo if I tell them to gently caress off. Not only was I not allowed to smoke in my condo, I wasn't allowed to smoke on my balcony or in my parking lot. Also they banned weed when it became legal lol.
|
|
#
?
Apr 8, 2022 12:30
|
|
|
Aside from eventually having equity in your unit condos are basically all of the risk of home ownership combined with all the rewards of living in an apartment building while co owning a giant complex building along with a bunch of strangers. If you don't immediately see why this is a terrible idea then please tell me what you're smoking. It might work better in places where our society isn't so infected with FYGM attitudes (god help condo owners south of the border) but it definitely doesn't work here.
|
|
#
?
Apr 8, 2022 13:17
|
|
|
PT6A posted:Except I can smoke (I don't smoke inside, but I could), I can have pets, and they can't enter my condo if I tell them to gently caress off. This is unlike any condo that I've heard of, but I'm glad that you managed to get one like this. Many condos can and do ban smoking in common areas, private units, and balconies. Many also can and do ban pets (mostly dogs). A condo corporation also has the right to enter a unit without owner's consent in certain circumstances although this would tend to be pretty uncommon. The fact is that condos tend to combine bad parts of both renting and ownership while of course also getting some benefits as well. As others have mentioned, there are many reasons we steered well clear of any condo purchases when looking for a home. One of the major ones is I just find it an unacceptable risk to have ownership stake in something that can create massive costs to me due to the actions of one of the 50 other idiots living in the place, or because of bad decisions made by the board. Or hell, one of the biggest things recently was massive insurance premium increases on condo buildings, causing special assessments all around and huge jumps in maintenance fees. Given the necessity of density in the coming years perhaps there will be some way of improving the governance of these buildings. Maybe more low to mid-rise 'towers' governed via co-op or something. There needs to be some kind of cultural shift around shared living to make this work because I think there's too many people in these towers that just do not give a drat about anyone else that's there. Fidelitious fucked around with this message at 14:08 on Apr 8, 2022 |
|
#
?
Apr 8, 2022 14:05
|
|
|
Coops are definitely the best way forward in tenancy. If we absolutely have to keep building SFH we should be looking at pre-war streetcar suburbs for inspiration, not the hellscapes of post-war suburbia
|
|
#
?
Apr 8, 2022 14:21
|
|
|
DaysBefore posted:Coops are definitely the best way forward in tenancy. If we absolutely have to keep building SFH we should be looking at pre-war streetcar suburbs for inspiration, not the hellscapes of post-war suburbia https://twitter.com/TorontoStar/status/1509864062754213910 I don't know if this got posted or not but car centric post war suburban planning is literally killing people. Well, Torontonians at least.
|
|
#
?
Apr 8, 2022 14:26
|
|
|
It's like this everywhere on the continent.
|
|
#
?
Apr 8, 2022 15:28
|
|
|
EvilJoven posted:It's like this everywhere on the continent. ... and everybody everywhere thinks it's specific to their region, whether you're driving on the busiest parts of the 401 or where the two roads meet in Buffalo Narrows, SK.
|
|
#
?
Apr 8, 2022 15:37
|
|
|
Cars bad
|
|
#
?
Apr 8, 2022 15:46
|
|
|
edit: this post sucks
mom and dad fight a lot fucked around with this message at 15:53 on Apr 8, 2022 |
|
#
?
Apr 8, 2022 15:50
|
|
|
The poop data says 100,000 new COVID-19 cases per day in Ontario. Petition to reinstate COVID-19 safety measures.
|
|
#
?
Apr 8, 2022 17:53
|
|
|
Anecdotally, I've just had a client meet rescheduled for a third time due to covid. The first time was because one of the participants started showing symptoms the night before, this time it's because there was an outbreak among the staff of the venue selected. Surely by next week everything will be back to normal.
|
|
#
?
Apr 8, 2022 17:57
|
|
|
It'd better be. That number can't not go up forever.
|
|
#
?
Apr 8, 2022 18:28
|
|
|
infernal machines posted:Anecdotally, I've just had a client meet rescheduled for a third time due to covid. The first time was because one of the participants started showing symptoms the night before, this time it's because there was an outbreak among the staff of the venue selected. Surely by next week everything will be back to normal. Rather than argue against setting up useless in person meetings a few weeks away, it's a lot more efficient to just say you have a weird cough the night before.
|
|
#
?
Apr 8, 2022 18:29
|
|
|
My approach is just to meet only with people who've had COVID between 14 and 90 days ago. The way we're going, that will be everyone in the province by Victoria Day.
|
|
#
?
Apr 8, 2022 18:32
|
|
|
Edit: I am tired and sick, and I literally just repeated the joke that was being told.
|
|
#
?
Apr 8, 2022 18:53
|
|
|
Postess with the Mostest posted:Rather than argue against setting up useless in person meetings a few weeks away, it's a lot more efficient to just say you have a weird cough the night before. I was in a zoom call with the person in question that night. I wasn't sure she was going to make it to the next day. She did though. Had another Teams meeting this morning, still sounds rough, still not clear if she had intended to go to the in-person one had the venue not shut down. e: The venue didn't actually shut down either, they're still open, they just don't have meal service because the chef and all the wait staff are in quarantine. infernal machines fucked around with this message at 19:29 on Apr 8, 2022 |
|
#
?
Apr 8, 2022 19:02
|
|
|
infernal machines posted:Anecdotally, I've just had a client meet rescheduled for a third time due to covid. This is the "norm" now. Meetings with more than 5 people get cancelled because somebody has covid, schools have "returned to normal" but there's more than 10% of the school population gone at any time with covid and their are no substitute teachers for the 3-4 teachers who are always out with covid, you wait for a bus and it's not running because too many drivers have covid so while you wait you stop in to grab a slice at your favourite pizza hole-in-the-wall but it's close because 3 of the staff have covid. But don't worry, we're returning to normal.
|
|
#
?
Apr 8, 2022 19:17
|
|
|
This is the new normal
|
|
#
?
Apr 8, 2022 19:28
|
|
|
InfiniteZero posted:This is the "norm" now. Meetings with more than 5 people get cancelled because somebody has covid, schools have "returned to normal" but there's more than 10% of the school population gone at any time with covid and their are no substitute teachers for the 3-4 teachers who are always out with covid, you wait for a bus and it's not running because too many drivers have covid so while you wait you stop in to grab a slice at your favourite pizza hole-in-the-wall but it's close because 3 of the staff have covid.
|
|
#
?
Apr 8, 2022 19:41
|
|
|
infernal machines posted:This is the new normal Politicians spent weeks at the beginning of the year testing out that "We just have to learn to live with covid." line and it appears to have worked.
|
|
#
?
Apr 8, 2022 20:24
|
|
|
we have schools here with close to 50% absenteeism lol thank you doug ford for reducing class sizes
|
|
#
?
Apr 8, 2022 20:40
|
|
|
Furnaceface posted:Politicians spent weeks at the beginning of the year testing out that "We just have to learn to live with covid." line and it appears to have worked. It's cunningly well crafted in my opinion at least. It's non-specific and absolves responsibility. It's a chicken/egg thing if the "we need to deal with it" will be applied to climate change or if it hasn't already been the de facto response all along.
|
|
#
?
Apr 8, 2022 21:10
|
|
|
https://twitter.com/CBCFletch/status/1512517500944060423 TFW you have a date and the invisible hand of the free market ghosts you
|
|
#
?
Apr 8, 2022 21:17
|
|
|
Another Bill posted:https://twitter.com/CBCFletch/status/1512517500944060423 Is there a PT Barnum one? Because I would buy that.
|
|
#
?
Apr 8, 2022 21:56
|
|
|
|
| # ? Jun 3, 2024 11:18 |
|
|
infernal machines posted:This is the new normal Nah, all we need to do now to get back to 2019 is force people to work while sick. COVID's still over! (i unironically expect some version of this in 2022)
|
|
#
?
Apr 8, 2022 22:41
|
|