A New Brunswick tenant says he’s being pushed out of his rented bungalow as retribution for complaining about his landlord, but his landlord says she’s the victim of an unfair tenancy tribunal ruling that is preventing her from using the unit to house family.
Jonathan King and his landlord, Ashmin Goolab, have been embroiled in a bitter year-long dispute involving a notice of a 65 per cent rent increase, a failed eviction attempt, and claims that the unit is needed to house Goolab’s mother-in-law.
King, who lives in Chipman, said Goolab is trying to force him and his wife out of their affordably priced bungalow in an effort to circumvent New Brunswick’s rent cap, and as retribution for a complaint he made about being given improper notice to alter their lease.
Renting in some cases is a valuable service to offer, but its also a bit of a chicken and egg problem.
When a huge portion of the population is renting only because they can’t afford to buy, the few people/businesses that can afford to buy rental properties are essentially just extracting value from renters. Getting paid to do nothing like a parasite.
Makes them get ahead faster than renters, and they buy up more and more properties. Driving up prices for both owners and renters.
it is no accident though, various private equity parasites have
lobbiedbribed various speculation-incentives into law over the decades that make it especially lucrative to be a rent seeking parasite…the “professional landlords” can even write lost rent off their taxes, that is…an apartment sits empty because noone can afford to live there (and who sets the rates…)? free $ off their tax billso they’re actually financially incentived to leave to a couple units vacant with an exuberant rate they know noone can afford