I think Brian’s point is the same as yours. Without evictions bad tenants take up months of rent, sometimes not even due to not having the money, and then the landlord is forced to get the money from the next tenant as an amortized cost.

Hi Brian , I filed a Eviction notice Dec of 2020 did not get a hearing till Dec 06 2021
At the hearing the tenant or his counsel did not attend . We gave evidence and as of February 25 2022 we still have no ruling from the LTB. What’s wrong with this? Out thousands dollars of unpaid rent and damages in the thousands. What can we do ?

I saw a whole article the other day blaming the landlord for the condition of the property.

If a landlord provides tenants a decent property, how can one blame the landlord of the property gets damages or cluttered?

All I have ever witnessed are tenants damaging properties. I’ve subletted a few homes, and there is a long list of loser tenants. You wouldn’t know these people exist unless you rent to them, or room a home with them. Slums are created by the people living there.

I think most landlords are reasonable. Even if tenants struggle with rent, some landlords try working with them as long as there is communication.

I’ve evicted tenants and am planning to evict a couple more. Methheads were evicted last year, they quit paying rent which I was willing to work with them; what I didn’t appreciate was the state of the property and aggressiveness towards neighbours.

The current one I will evict keeps telling me he’ll make payments and I have done my best to work with him; now he isn’t communicating and is quite far behind.

The other tenant that I may evict is a single mom with 4 kids and quit paying rent with no communication… I’m willing to work with her (3/4 rent and maybe work with some unpaid rent)… but if all I get it $300 when $1950 is due plus past due.. well I’m supporting the person at this point. That’s not what I signed up for. So will probably evict as well.

Evictions cost money plus the home will probably require work (after I just had it painted, new floors, & new bathroom.

There are many reason for high prices (supply being a big one), crappy tenants make it difficult for all tenants. If I don’t pay my bills, then the bank will make me pay or sell. Going forward, I will require a 650 score or if a foreigner can it’s no credit will need a decent amount in the bank. Will also need to be employed. And the second rent is late will be the second a 14 day notice goes up. I may decide to sell and take out profits instead of re-renting. It’s quite simple.. pay your bills or try to work with people if you’re can’t.. but don’t taking advantage of kindness is not nice.

Expect prices to get higher.

Like all issues, this is an issue of the cost of capital and incentive. Canada skews it to serve its own politicians.

In a bubble the wind could blow strongly and people would use it as justification for rent increases. Cashflow negative landlords are 100% dependent ones real estate prices rising at this point. It’s often people diverting their savings to keep the units going.