this post was submitted on 18 Aug 2025
333 points (99.1% liked)

Canada Housing

384 readers
1 users here now

This is a community to discuss the housing crisis in Canada.

All so Canadians can find a decent home to live in.

Racism is still absolutely prohibited, but you are welcome to debate population growth, immigration rate, foreign home buyers, and the merits of single family homes or the green zone.

A merge of r/canadahousing and r/canadahousing2 for those coming from Reddit.

Bits of the sidebar and logo taken from those subs and will be going through a slight revision as things get settled.

founded 2 years ago
MODERATORS
 
all 22 comments
sorted by: hot top controversial new old
[–] NoForwardslashS@sopuli.xyz 83 points 4 months ago (1 children)

A landlord owning 30,000 properties is wild.

If he divides his time equally between each property and works 8 hour days 5 days per week like a normal drone:

  • That's 115 homes per day
  • 14.4 homes her hour
  • Each property gets 15 minutes attention per year

Yeah he probably has a team employed to deal with all this and doesn't actually do anything himself, but what value to any of them bring to society.

If all of his property were seized and given to homeless people, it would solve 13% of all Canadian homelessness overnight. Just find 7 more people like him and no-one in Canada would be homeless.

[–] GorGor@startrek.website 27 points 4 months ago* (last edited 4 months ago) (1 children)

If all of his property were seized and given to homeless people, it would solve 13% of all Canadian homelessness overnight. Just find 7 more people like him and no-one in Canada would be homeless.

... what about the people who live in his properties now? Wont they be homeless if you give it to people? I'm not defending the guy, I was actually looking for the video to mock the dumbass for being a dumbass, but this statement doesn't make any sort of sense.

edit

Looks like it wouldn't effect Canadian housing at all since most of the housing they own is in the sunbelt

https://www.facebook.com/housingopen/videos/toronto-landlord-who-owns-30000-houses-explains-why-young-people-dont-want-homes/3164766910508794/

[–] Derpenheim@lemmy.zip 7 points 4 months ago (1 children)

You should also see what percent of owned homes are [unlived in](Census Mapper https://share.google/sxb8FC9CwK5hrRhMA)

[–] GorGor@startrek.website 0 points 4 months ago (1 children)
[–] NoForwardslashS@sopuli.xyz 2 points 4 months ago

I see less than 8% on the source given.

For context, the the number of homeless is less than 1% of the Canadian population.

[–] UnderpantsWeevil@lemmy.world 24 points 4 months ago

I would simply have a limitless ZIRP line of credit and buy up as many properties as I can that are in foreclosure. I could even coordinate with private banks in the process of foreclosure to get sweetheart deals during the eviction process.

Viola! Instant housing surplus (for me). Why don't other people use this One Neat Trick?

[–] phoenixz@lemmy.ca 2 points 4 months ago

Hoarder explains why nobody else wants basic essentials: if other people want these essentials too, I would have to find a job and couldn't go on vacation all the time

[–] But_my_mom_says_im_cool@lemmy.world 1 points 4 months ago (1 children)

If this guy is real, the government should do like Ancient Rome and exile him, confiscate his homes and hand them out to Canadians

[–] killingspark@feddit.org 2 points 4 months ago (1 children)

Well I definitely skipped that history lesson

[–] Swedneck@discuss.tchncs.de 2 points 4 months ago

i mean rome lasted for millenia, tons of interesting things happened that most people have no clue about because no one wants to spend a year just going over roman history

[–] phoenixz@lemmy.ca 1 points 4 months ago

Why is the very existence of this guy legal?

And even if this is legal, how come this guy Braga about it instead of shamefully hiding under a rock?

This guy should be in jail as far as I'm concerned