“But we also think that the responsibility for the safety of [low-income people] — and let’s face it, it’s low-income people who have this problem — that’s a responsibility for society at large, for everyone, not just for the people who happen to own the buildings where these people make their homes.”
The media loves to have us hate on private landlords, blaming them for the housing bubble and supply issue while it’s partly true it’s a drop in the bucket compared to the scummy rental corporations who have been buying up single family homes and renting them out en masse.
The small landlord that has 1 or 2 rental properties will eventually die and their properties will be liquidated, the companies however will hold onto these properties forever.
America is not the only place in the world. In places without mass corporate landlords, private landlords happily fill that void and are absolutely still the problem.
Show me a landlord that genuinely finds efficiencies that arent just ‘hire a cheaper contractor than they would hire for their own home’.
This is about Ontario Canada.
Then youre miss informed about where our housing supply is going and who’s driving up rent. Here it is predominantly private landlords.
Absolutely correct, same principle applies to lots of other areas too. Such as food supply.