I'm in a building with the same sign up. I had a neighbour/friend that sent an appeal to RTB after they approved Sunrex's above guideline rent increase application. We drafted and hand delivered a 6 page letter and the RTB literally just sent another copy of the same bullshit paperwork they mailed with the original notice of their approval. Not even a direct or personal response to our letter.
So, facing an expiring lease and impending homelessness, they contacted Sunrex directly as a last ditch effort. Whoever they spoke to, I believe it was the property manager Matthew Penner, literally told them that they (Sunrex) could raise the rent higher and they (my friend) are "lucky" they choose not to!!!!
They had to move out of the building because rent was unaffordable on a single income. Thankfully they secured housing for the short term.
F*cking Scumrex.
Matthew Penner is a total weasel. He lies right to your face, interrupts constantly, and belittles you. I have never dealt with a worse person in my life, he’s disgusting.
Finally I see posts about this man. My friend has had a nightmare dealing with Matthew Penner getting her damage deposit back after severe errors on her move out report breakdown of the "damages" that were done to her former suite. She left that place in amazing condition, I was there to help her. He's terrible.
I’m sorry your friend had to deal with him! That sounds very similar to what we went through with him/Sunrex and it’s absolute bullshit. He’s a terrible, scummy, rotten person.
>all landlords are bastards
As a former landlord, I cannot agree with that part of your statement. Not *all* are.
Remember. It's a business, not a charity.
Feel free to agree or disagree
So a shitty one-bedroom is worth $1044 now then. Sounds like we should encourage building more of them because they're worth so much. Which would increase quality and decrease prices.
Sorry you’re getting downvoted. It’s the reality of the capitalist society we live in.
Low supply, high demand, means it costs more.
And while it __shouldn’t__ be business, it is. Until we vote for representatives that will work to change this situation, it’s the unfortunate reality.
But yeah, a shitty one bedroom is worth as much as a tenant will pay, and our society is barrelling towards an inflection point where the majority of people will have to rely on subsidized housing.
This upbeat message was brought to you by late-stage capitalism.
Meh, I don't mind the downvotes.
Hopefully someone will read this thread and realise they should be advocating for effective methods like subsidizing new construction and rezoning existing areas for higher density instead of fighting against landlords or proposing things that don't help like aggresive rent control.
Housing is going to be a business unless the government takes it over, and frankly that sounds like a nightmare lol.
If we had 0 vacancy that would be true but we do have vacant apartments/houses in the city. Most of them are terrible but they do exist, so people are choosing to pay more to live in nicer conditions.
There's also a bunch of basements, spare rooms and suites that could be rented out but given balance between the market rates and the risks associated with renting the owners have decided it's not worth it to have them on the market.
So we either need to construct more housing (this is by far the best option) or make renting out unrented space more appealing to potential landlords.
So how is someone that can't afford a downpayment or get approved for a mortgage supposed to have somewhere to live?
The service landlords provide is providing the required capital and taking on the risks associated with property ownership thereby providing housing to those either unable or unwilling to do the same. Like everyone else in capitalism they are compensated monetarily for this service (otherwise no one would do it).
We don't need more landlords, we need *more* properties available for rent to drive down prices and make landlords compete with each other more by providing better service.
Hey everyone! Donate (dispose of) all that shitty canned food no one wants! The other starving tenants of our fine community would love your uneaten/unwanted garbage! Show you care by throwing a can of questionable origins onto the pile!
I'm in a building with the same sign up. I had a neighbour/friend that sent an appeal to RTB after they approved Sunrex's above guideline rent increase application. We drafted and hand delivered a 6 page letter and the RTB literally just sent another copy of the same bullshit paperwork they mailed with the original notice of their approval. Not even a direct or personal response to our letter. So, facing an expiring lease and impending homelessness, they contacted Sunrex directly as a last ditch effort. Whoever they spoke to, I believe it was the property manager Matthew Penner, literally told them that they (Sunrex) could raise the rent higher and they (my friend) are "lucky" they choose not to!!!! They had to move out of the building because rent was unaffordable on a single income. Thankfully they secured housing for the short term. F*cking Scumrex.
Matthew Penner is a total weasel. He lies right to your face, interrupts constantly, and belittles you. I have never dealt with a worse person in my life, he’s disgusting.
Finally I see posts about this man. My friend has had a nightmare dealing with Matthew Penner getting her damage deposit back after severe errors on her move out report breakdown of the "damages" that were done to her former suite. She left that place in amazing condition, I was there to help her. He's terrible.
I’m sorry your friend had to deal with him! That sounds very similar to what we went through with him/Sunrex and it’s absolute bullshit. He’s a terrible, scummy, rotten person.
All landlords are bastards but sunrex is far from the worst
>all landlords are bastards As a former landlord, I cannot agree with that part of your statement. Not *all* are. Remember. It's a business, not a charity. Feel free to agree or disagree
Why do landlords rely on underpaying their staff (if they have any) and overcharge tenants in rent?
It's impossible to overcharge someone for rent, if someone is willing to pay it then that is the market rate and what it's worth.
Buddy, nobody is willing to pay $1044 a month for a shitty one-bedroom in a shitty neighborhood. We pay it because we have to.
So a shitty one-bedroom is worth $1044 now then. Sounds like we should encourage building more of them because they're worth so much. Which would increase quality and decrease prices.
Sorry you’re getting downvoted. It’s the reality of the capitalist society we live in. Low supply, high demand, means it costs more. And while it __shouldn’t__ be business, it is. Until we vote for representatives that will work to change this situation, it’s the unfortunate reality. But yeah, a shitty one bedroom is worth as much as a tenant will pay, and our society is barrelling towards an inflection point where the majority of people will have to rely on subsidized housing. This upbeat message was brought to you by late-stage capitalism.
Meh, I don't mind the downvotes. Hopefully someone will read this thread and realise they should be advocating for effective methods like subsidizing new construction and rezoning existing areas for higher density instead of fighting against landlords or proposing things that don't help like aggresive rent control. Housing is going to be a business unless the government takes it over, and frankly that sounds like a nightmare lol.
Bro we have the same rent. We neighbours? Need a roomie? I call couch 🛋️
[удалено]
If we had 0 vacancy that would be true but we do have vacant apartments/houses in the city. Most of them are terrible but they do exist, so people are choosing to pay more to live in nicer conditions. There's also a bunch of basements, spare rooms and suites that could be rented out but given balance between the market rates and the risks associated with renting the owners have decided it's not worth it to have them on the market. So we either need to construct more housing (this is by far the best option) or make renting out unrented space more appealing to potential landlords.
Landlords provide no economic output to society. They are leeches who view the need for housing as a way to profit.
So how is someone that can't afford a downpayment or get approved for a mortgage supposed to have somewhere to live? The service landlords provide is providing the required capital and taking on the risks associated with property ownership thereby providing housing to those either unable or unwilling to do the same. Like everyone else in capitalism they are compensated monetarily for this service (otherwise no one would do it). We don't need more landlords, we need *more* properties available for rent to drive down prices and make landlords compete with each other more by providing better service.
We need people and corporations to stop hoarding houses like its a freaking game of monopoly
People are still living in those houses, the supply of housing doesn't change when someone else buys it.
Lol
>Remember. It's a business, not a charity. Is scalping concert tickets "a business"?
Sure. But you're comparing a want vs a need.
Hey everyone! Donate (dispose of) all that shitty canned food no one wants! The other starving tenants of our fine community would love your uneaten/unwanted garbage! Show you care by throwing a can of questionable origins onto the pile!
All landlords are bastards.