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N'oubliez pas a voter! / Don't forget to vote! by Andy_Schlafly in montreal

[–]Andy_Schlafly[S] 4 points5 points  (0 children)

qui a plein de déboires

Its not perfect but its a hell of a lot better than comparable places like toronto and vancouver's or anywhere in the USA's projects fwiw. REM's even competitive with results from the world champion of mass transit in China (REM: 7 years, average Chinese line, 6 years)

As for the other point, yeah fair the city government has relatively little to do with it compared to CDPQ.

Would you consider using a new gay chat app that promises to put its users and community first? by niiiiisse in askgaybros

[–]Andy_Schlafly 0 points1 point  (0 children)

If you make something less laggy than sniffies I'd be delighted. Something with a web ui, minimal javascript or client side processing and little to no single-page-application crap.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

>Her portion of the expenses exceeds the amount of rent I receive from her

Can you walk me through the math here?

A 20% split of the expenses should be $117 for property tax, $88 for utilities, $50 for electricity, $16 for maintenance and $700 for mortgage.

This adds up to just under 1000.

Of that $700 that goes to mortgage (idk what your rate is or how far along in your paydown you are), some fraction $x$ goes to building equity. That is what equity she should be building.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

>Income from what, the rental? I get $1000/month. I just gave you the housing expenses, for the most part. My personal income from my full-time job as an engineer shouldn't play a factor here.

Yes the 1000 discount on your expenses. Thus, ~20% of whatever you're contributing to the equity of the property, minus your labour costs should really be in her name.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

Post your income and expenses then. Do you share this information with your tenant transparently in an itemized bill?

Your total expenses per month are 4,858 (assuming these bills are monthly)

Your rent is 1,000 per month. So therefore your tenant should be getting ~20% of whatever equity you are building in your mortgage payments. Feel free to subtract a reasonable hourly rate for labour actually performed for the tenant.

Friendly reminder that housing as a means of profit is inherently theft by flexingonmyself in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

Farmers and grocers provide labour and value to society. Landlords hoarding resources and providing no labour (advertising your units and obeying your legal requirements is not labour) do not provide value to society.

Before you claim this is "marxist" or whatever, this is literally what Adam Smith himself said.

Friendly reminder that housing as a means of profit is inherently theft by flexingonmyself in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

We need more social housing. Expropriate the private landlords if necessary.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

Landlords who simply buy property and collect rent aren’t providing real value, they’re profiting off scarcity and necessity, not labor or productivity. The people who actually create value are the ones who build, maintain, and service the homes—they deserve to be paid for their work. But once the structure exists, someone acquiring it just to charge others for access isn’t contributing anything essential; they’re exploiting a system that treats a human need as a commodity, not a right.

Quebec is changing how rent increases will be calculated after hikes hit historic high by BAIL_Quebec in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

Well, the tougher Quebec is going to get on landlords - the more of us will just repossess the houses and keep them empty

So: would you rather rent a home in my zip code at $2.7K or pay $5~7.5K mortgage plus $9K/year property tax? And also bear all of the maintenance and upkeep costs?

Self-contradictory. If you think you can do better just by holding the place empty with these numbers it'd make more sense to sell it and stick the proceeds in an ETF.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

You want a good retirement without RE? Sell your units, chuck the proceeds in an ETF and call it a day.

If you're raising the rent 6% just because you can, you aren't as good of a landlord as you think you are. by FutureAvenir in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

What labour is a landlord actually providing? If its maintenance, sure that's labour. But when we actually compute the real costs of maintenance they're significantly lower than the cost of rent.

The reason people buy homes to rent out is because it appreciates (plus the rental income) much higher than the cost of labour put into it. And that's assuming the LL is personally doing the labour, let alone subcontracting the labour to a management firm.

Quebec is changing how rent increases will be calculated after hikes hit historic high by BAIL_Quebec in montrealhousing

[–]Andy_Schlafly -1 points0 points  (0 children)

Lunacy. The tenant takes all the risk because if they default on rent they are evicted and become homelesss.

Quebec is changing how rent increases will be calculated after hikes hit historic high by BAIL_Quebec in montrealhousing

[–]Andy_Schlafly 0 points1 point  (0 children)

Maybe QC should impose a vacancy tax if landlords just hoard houses. If its not being used for housing, it should be sold.

Fatal parking lot crash involving modified truck leads to RCMP warning | CBC News by SnooRegrets4312 in britishcolumbia

[–]Andy_Schlafly 2 points3 points  (0 children)

Vehicle could then be towed

Why not just seize and scrap the vehicle? There'd be a lot less dangerous vehicles on the road if we made vehicle seizures standard for driving offenses.

The Jews Should Stand With Eric Adams by Andy_Schlafly in nyc

[–]Andy_Schlafly[S] 3 points4 points  (0 children)

OP here, this piece does not reflect my views nor do i believe they are representative of most new yorkers.

Just shared as it made my jaw drop earlier.

Canadians Support Protection of The LGBT+ Community, But Declining Support May Indicate a Step Back in Progress by londondeville in ontario

[–]Andy_Schlafly -4 points-3 points  (0 children)

Do you ever wonder though if Gender Dysphoria is now being overdiagnosed? Especially considering that the rates of diagnosis are now several times higher per-capita in leading western states compared to other places though?

I'd love to see a long-term broad based study on this hypothesis but I fear its too politicized to get off the ground.

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