this post was submitted on 07 Sep 2023
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Wouldn't it also be a conflict of interest if they were renters? How can someone not have any interest in housing?
Sure, but in that case their interests would be a human right. It's a conflict of interests because they are for profit owners; not just owners.
That’s an obfuscation of the point. The conflict of interest is that they directly make money from their property - landlords rigging prices and buying all the property are the problem, and they’re also the ones making laws to regulate themselves.
The Newfoundland market has exploded since 2020. Sale and rental prices have increased. Rental demand is outpacing supply.
So yes, profit can be made in Newfoundland where, according to a CBC anecdote, a landlord in Paradise, NL recieved and impassioned please from a family of 8 to rent a 2 bedroom appartement and was offered over rent in cash sight unseen to secure a rental. (22 June 2022).
All snark aside. Do you really believe that every human is motivated by capital profit?
This is not how I make decisions. That is why I asked the question. The rest of your comment is predicated on that statement and as such, is not worth much to me.
Thanks for the reply, though. I appreciate the effort. I simply disagree and can't imagine a middle-ground that could be reached by continuing the conversation.