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wag3slav3 t1_ir10axe wrote

Reply to comment by ash_274 in Flipping tax proposal 'really scary,' says B.C. MLA who bought and sold 3 homes in 4 years by RidePlanet

Must feel good to be able to force some other family to pay you to live in their own house and let you build equity while they get nothing because housing has become an investment vehicle.

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ash_274 t1_ir1o7wt wrote

It would be an investment vehicle if I bought it to rent out. I bought it for my wife and me. I kept it for my daughter to live in some day. My tenant, who had shot credit from a divorce and was self-employed needed a place to live. Should he have to go to government housing? Would they have let his rent slide to over $18k behind when Covid hit and he lost his clients and couldn’t pay for months? I carried him and accepted the 20% cut from the eventual reimbursement

But yeah, I’m the bad guy

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booch t1_ir9pcbk wrote

I have had several landlords over the years and the majority of them have been absolutely wonderful. I am grateful to them for taking on the risk, responsibility, and commitment that was not appropriate for me at the time. I know reddit hates landlords, but they serve a valuable role imo.

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