Whitehorse Daily Star

Landlords require a viable business model: association

The Yukon Residential Landlord Association wants to make a major point crystal-clear, says president Lars Hartling.

By Jim Butler on August 31, 2022

The Yukon Residential Landlord Association wants to make a major point crystal-clear, says president Lars Hartling.

“Eviction without cause in the Yukon does not exist. It is really important to understand the rules,” Hartling told the Star Monday afternoon.

He was responding to comments made at a news conference the NDP held last Thursday.

MLA Emily Tredger and two residents of a 10-unit apartment building at 602 Cook St. discussed how all the tenants have been instructed to move by Sept. 30.

None have long-term leases.

Reporters were told the Cook Street tenants’ one- and two-bedroom units will be re-rented for an additional $500 to $600 per month respectively.

“I was given two months to pack up 20 years of my life,” tenant Darlene Pollard told the news conference.

Hartling expressed sympathy with the tenants’ plight.

“It’s very unfortunate for them that this has taken place. This situation should never have been allowed to happen,” he said.

“We don’t need market-wide legislation, but specific programs to help those people.”

But, in the cases of month-to-month agreements, he stressed, both the tenant and the landlord have the legal right to withdraw from what he called a contractual arrangement.

“There is no notice without cause, but an end to a contractual agreement,” he said.

“Those leases will exist in perpetuity until someone ends them, and 99 per cent of leases are ended by the tenant; their lives have changed, they bought a house .... ”

The Cook Street building’s former longtime owners sold it about a year ago to retire, one of the tenants told last week’s news conference. He said he pays $1,080 per month in rent.

To Hartling, that suggests the former owners were essentially “subsidizing” the tenants for many years – a situation that had to change after the new owners took over, he argued.

“The previous owners had a different situation,” he said. “We all know how sticker-shock and inflation is hitting us.

“The person buys the building and has to make a viable return on his investment. So this course of action (the planned higher rents) needs to take place.”

Every few years, a 20- to 30-year-old apartment building will require renovations that will cost tens of thousands of dollars per unit, Harting said.

In 2021, as a condition of the NDP’s formal support of the minority Liberal government, a system of rent caps was introduced. This year, landlords can raise rents by a maximum of 3.3 per cent.

The Cook Street building’s current owners have told some tenants the caps are playing a role in the evictions, reporters heard last week.

The association was not consulted about the implementation of the caps, which, Hartling said, hurt the marketplace.

“People have had to work around that system to make their business model viable,” he said.

“If consultation had taken place with our association, we could have helped them (the government). A lack of consultation is not good policy.”

Yukoners are witnessing a rental market that has “seized up” due to confusion about the laws, he added.

“A lot of the landlords are not business owners, but Mom and Pop operations. (Caps) are adding more fuel to the fire and making the market seize up.”

About a month before the caps were announced last year, he said, he knew of two local apartment buildings that were for sale.

“They were posted on a Friday night and were sold over the weekend. Lawyers were working all weekend like crazy.”

Now, he said, a building put up for sale would take considerably longer to sell under a rental caps regime.

“We need to know with certainty what rules we are going to play by.

“We need good social policy in place that is not brought in for populist political reasons but which is well-thought-out and will let residential landlords flourish and allow the market to move ahead as needed,” Hartling said.

“We don’t need media stunts.”

The evictions the NDP highlighted represent “just a fraction” of the number of local rental units, he added.

The botom line, Hartling said, is that “nobody wants to evict people. I have 74 units, and 99 per cent of the people are great.”

Pollard and Richard Lawrence, the other speaker at last week’s news conference, “were great tenants,” Hartling added. “They sounded like perfect tenants.”

He said he has had conversations with landlords who opted to sell off their properties as a direct response to the rental caps, he added.

“If you upset people enough, and they can’t make their properties a viable business model, they walk away.

“If I can’t keep control of my asset, who would invest in a market like that?”

A spokesperson for the Cook Street building’s owners told the Star last Thursday she would have no comment on the evictions until after she had consulted her lawyer.

Comments (52)

Up 1 Down 0

Louisa williams on Sep 13, 2022 at 7:08 pm

is it a landlords responsibility to fund citizens that damage property or don't pay expenses in order to keep up with inflation?, when tax, utility and interest rates change how can a property owner maintain a break even point?

Up 0 Down 0

Louisa williams on Sep 13, 2022 at 6:42 pm

Should landlords make a presentation to city council on short term rentals and an important markets?

Up 4 Down 7

Jc on Sep 7, 2022 at 4:05 pm

Owning something, and then receiving money because you own it, isn't a real job. Being a landlord isn't a job, and considering the typical condition of rentals in this town, they live up to that definition.

And yes, I have a real job. One where I do work, and then get paid for it. Not one where I own something, then take what others earn for the "privilege" of being there.

Working class, not owning class. Producer, not vampire

Up 4 Down 2

To JC Sept 5 & 6th on Sep 6, 2022 at 10:24 pm

JC:
Please educate us with your definition of “real fkn job” and “real job” that you’ve stated in your comments. Webster dictionary shows several meanings among which includes “remunerative position”, as most would interpret to include landlord positions. If landlording is a “fake job”, please enlighten us with what one requires to do for a “real job”- one such as the one you have maybe? Perhaps most landlords started out with “real jobs” and worked their way up the ladder to having their “fake landlord jobs”.

Up 2 Down 2

woodcutter on Sep 6, 2022 at 5:53 pm

woo hoo, I got my monthly cut from my REITS. Every month like clock work they flow in, never missed a payment in 15 plus years. I've been reinvesting my distribution and my holdings are growing. Unlike rental property I can sell in a few minutes and get my money in 3 working days.

Equity builds every month. I am sure glad I can have a real estate component in my investment strategy without having to deal with folks crying around like JC.

Why do you need a return on investment he asks? lmfao - is this some sort of shape shifter, one day crying about market rents and greedy landlords, next day bashing the liberals for their controls.

Up 0 Down 1

Ray’s isms on Sep 6, 2022 at 5:39 pm

At YD on Sep 6, 2022 at 9:11 am:

The dictionary definition of “raycism”… LOL!

“Editors at Merriam-Webster are working on a revision of the definition of racism. So the Great Awokening is even going so far as to change the dictionary? Not quite—sociopolitics drew the usage of the word racism beyond the dictionary definition long ago, and it is high time our dictionaries got the message.”

The definition includes systemic issues within our social and political institutions that create the conditions of a racialized winner and loser. There are disequitable outcomes that form along racial boundaries.

Societal and institutional level racism is real and it exists by virtue of the system’s structural impositions. For example, hard work, showing up to work on time, and other expectations of the European/Western ideological narrative are racist where those ideals limit the potential for racialized others… Ironically, by virtue of ‘othering’
those they seek to include.

We cannot assume that words mean what we think they mean - We have to examine the unchallenged assumptions cloaked within the language we use. Otherwise, you are likely engaging in implicit raycism - However, your choice to not examine your language suggests intention which would then be explicit “raycism”.

It’s okay to acknowledge the privilege that your social structure affords you as long as you work towards evening
the playing field through a more just and equitable society.

Link - The dictionary definition of raycism is not good enough:
https://www.theatlantic.com/ideas/archive/2020/06/dictionary-definition-racism-has-change/613324/

Up 12 Down 31

JC on Sep 6, 2022 at 10:06 am

Yukoner

I am a homeowner, with opportunity enough to become a landlord, should I choose.

But I wouldn't, because of the whole ethical bankruptcy required to make others housing contingent on my personal choices.

The days of "just getting a starter house" is over. That boomer sh*t needs to die. Trailers are selling for over 200k. The cost of everything else is climbing hard, but wages aren't keeping pace. The structure of home purchase and availability is broken, and landlords and realtors helped break it. There's hardly any political will to change things to what they need to be, but all this goes to show that the pushback from the wealthy (and yes, they are, don't even squawk about it) capitalist class wouldn't let it happen anyway.

Some goof with 74 (!) rental units is crying? Why doesn't that capitalist leech get a real job to make ends meet? I have no sympathy for him or what can laughably called his plight.

Up 18 Down 3

YD on Sep 6, 2022 at 9:17 am

I should add, racism is "prejudiced against or antagonistic toward a person or people on the basis of their membership in a particular racial or ethnic group, typically one that is a minority or marginalized."

Simply advising to someone that they should work hard to be successful is not a reflection of prejudice against any people group. Stop overthinking it.

Up 15 Down 2

YD on Sep 6, 2022 at 9:11 am

"Your White Pride Masks Your White Fragility",

I think you need to find a dictionary and locate the word, "racist". I can't take your post seriously.

Up 9 Down 32

JC on Sep 5, 2022 at 7:21 pm

"Landlords need income too"

Maybe they should get a real fkn job, eh?

Passive income by exploiting others' needs is disgusting. If you cant understand that, something in you is broken, and nothing I say will fix that

Up 15 Down 5

Little Miss 'Raycism' on Sep 5, 2022 at 2:08 pm

I suspect I know who the person is writing all the anti-White rhetoric. If it's who I think she is, she hates White people and is a total "raycist" herself. She's a laughable clown who doesn't realize that her projections of her own hatreds do not constitute 'raycism' in other people.

Get help, deal with your own issues, and quit making a fool of yourself.

Up 33 Down 3

Anie on Sep 5, 2022 at 11:09 am

I've never been a landlord. I have been a renter - that's how most of my generation started out as adults. The idea that a landlord should rent out at cost (as do better suggested) is, to my mind, absurd. I won't ask the plumber to charge me cost because his business' client list will generate a profit when he sells. I don't negotiate the price of potatoes because the grocer will one day sell his franchise at a profit.
Perhaps Do Better might invest his money in a unit, rent it out "at cost" and hope to come out ahead in 10 years or so, if he's still alive. I don' t understand how people who clearly think that they are entitled to income on their investments (for example, your RRSP) think that landlords should forfeit theirs and take on the plight of the less fortunate . There will soon be a time when no sensible soul will invest in rental accommodation in Whitehorse.

Up 22 Down 3

Andy Odel on Sep 5, 2022 at 10:45 am

@do Better You say you were once a tenant and a landlord. It is obvious that by the tremendous amount of business knowledge you possess that you would have been a tenant after being a landlord. You probably lost your rental property because you didn't make any money which is the purpose for being in any business. Building "equity" has absolutely nothing to do with being in business. "Equity" is what one gets from making an initial investment. It takes years to build "equity" but landlords like anyone else needs to have some regular income to survive.
You must be one of these people who have a NDP philosophy that says because I did things right and made 5 cents I should give you 6 cents because you are too lazy to provide for your self. There are wiser eating grass.

Up 24 Down 3

Yukoner on Sep 5, 2022 at 8:54 am

@JC: please explain how your "right to housing" is the responsibility of landlords. What about your responsibility to take care of yourself?

There are a few hardworking people down on their luck, most are not. Most are not fiscally responsible, need that latte every day and my vacations thrice a year, or want that big house with the big RV now. What's wrong with living in a small house or a trailer to get started? And if someone doesn't want to buy and is comfortable just renting, with the right attitude that shouldn't be a problem. I rented for years before I bought my house. Always paid rent in time, never damaged anything and didn't bother the landlord at 11pm because my lightbulb blew. Never had a problem finding a place. Try it, it might just work.

Up 1 Down 21

The search for the cure - Raycism under threat! on Sep 5, 2022 at 8:39 am

Responding to Anie on Sep 2, 2022 at 4:57 pm.

Here is a metaphor for you to consider:

“There are these two fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says ’Morning, boys. How’s the water?’ And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes ‘What the hell is water?”
(Wallace, 2009).

“The obvious allegorical lesson from the fable about the fish is of course the ease of being ignorant of that which is pervasive. However, the fable also points out that not all the fish are ignorant of their surroundings. The older fish, swimming the same ocean as the young fish, seems to have figured out the truth about the substance that suffuses its environment so fully that it is imperceptible to its peers. Ignorance then, need not be the only guaranteed outcome, even when perception and awareness are hard...”

White people, like fish out of water, in the cultural commons… Flip, flop, flip, flop… I’m not raycist… I’m a good “cracker”…

It’s not just the Smithsonian… Raycism research is big industry and they will find the cure!
https://cognitiveresearchjournal.springeropen.com/articles/10.1186/s41235-021-00349-3

Up 18 Down 2

ATA on Sep 5, 2022 at 1:41 am

Very good interview Lars did with the Whitehorse Star. It’s so nice to see this local paper publicizing the landlords reality side of the rental situation. Far too often people only hear the self-serving version of the NDP and the many tenant advocate groups. I cannot understand how some seriously think that landlords should risk all their time and finances to provide housing to random people without compensation. Could they qualify to collect welfare cheques then to live on? And why is it that the racism word is always thrown into issues when it seldom relates to the situation at hand? How about if the heroic NDP comes up with an “educational, skill-training, employee-owned business system” to help tenants work, save and learn the responsibility of buying their own affordable homes. Wouldn’t that be a long-term solution to help them to help themselves? At one time First Nations had a program to teach youth how to build log cabins. Our schools could teach older students to build tiny houses. Great ideas, but perhaps too practical and requires more of an effort for those wanting a free ride without responsibilities.

Up 21 Down 0

John on Sep 4, 2022 at 12:48 pm

@ Do better

Yes I agree "at cost". That in most part is the essence of the argument. Landlords are being faced with inflationary costs for and beyond current rents charged. They are being held back by, what you love, rent caps. The rent caps are not keeping pace with inflation and therefore the rental becomes at a loss.

Making a profit is not a sin. It allows for downstream reinvestment into the property for upgrades to the asset. If you did all three (own, rental and landlord) and are not now a landlord that perhaps your management technique didn't work. Just a guess.

Either way, your spurious attack on Landlords in general is unwarranted. There are good and bad business people in all endeavours. The 90/5/5 rule applies. Ninety percent are ethical and have business practices that are what we expect; 5% are overachievers and the remaining 5% should not be in business period. We should not punish, or set ridiculous standards, for 95% because of the 5%. Nothing is worse than a broad brush approach to solving an issue.

Up 6 Down 43

Do better… on Sep 4, 2022 at 7:10 am

I’ve been a renter, homeowner and landlord. At times, all three at once. Landlords are only capable of making a profit because there are other individuals out there who cannot afford to own home. Capitalizing on this is repugnant and shameful. Rent caps are a great thing, and landlords honestly need to shut up. Rent your units at cost. You will be more than compensated with the equity you earn. Lars’ spin here is an embarrassment and shameful.

Up 0 Down 36

Your White Pride Masks Your White Fragility on Sep 3, 2022 at 8:36 am

At YD on Sep 2, 2022 at 4:00 pm:

You should pick up a copy of DiAngelo’s, White Fragility - See if it resonates with you?

“Robin DiAngelo has noticed that white people are sensationally, histrionically bad at discussing racism. Like waves on sand, their reactions form predictable patterns: they will insist that they “were taught to treat everyone the same,” that they are “color-blind,” that they “don’t care if you are pink, purple, or polka-dotted.” They will point to friends and family members of color, a history of civil-rights activism, or a more “salient” issue, such as class or gender. They will shout and bluster. They will cry.

In 2011, DiAngelo coined the term “white fragility” to describe the disbelieving defensiveness that white people exhibit when their ideas about race and racism are challenged—and particularly when they feel implicated in white supremacy. Why, she wondered, did her feedback prompt such resistance, as if the mention of racism were more offensive than the fact or practice of it?”

Here is simple worksheet for you on White Culture and the myopia with which it sustains its own dissonance while claiming to be resolved of it:

https://www.seattle.gov/documents/Departments/RSJI/GRE/whiteculturehandout.pdf

The first symptom of White Fragility is denial… It kind of sounds like you are engaging in raycism by denying that you are raycist while defending others use of raycism…

This is good suggested read for you:

The Racist Roots of Work Requirements,
https://cssp.org/wp-content/uploads/2020/02/Racist-Roots-of-Work-Requirements-CSSP-1.pdf

Make sure you have a big box of tissues to wipe away your white tears…

Up 14 Down 2

Dear YD on Sep 2, 2022 at 5:50 pm

Dear YD on Sep 2, 2022 at 4:00 pm:

I understand and endorse your characterization of my post. However, your attribution is in error. The post is a direct quote from the Smithsonian - This is the shyt that is passing for governmental policy these days. It is troubling that you do not see this.

The Trudeau L-NDP wokisme is strangling the economy and the country with this raycist crap. Wake-up! They do not even hide it from you.

Watch: Trudeau Liberals have a pattern of racism much bigger than Laith Marouf

https://m.youtube.com/watch?v=cKbpz3_m3YI

Up 30 Down 1

Anie on Sep 2, 2022 at 4:57 pm

The fact that someone here actually believes that "hard work, motivation, strong work ethic" are racist tells me that the world we live in is truly going whacko - no matter what a Smithsonian publication asserts. Thank god we still have enough hard working, motivated, strong work ethic citizens to pay for the life necessities of those who do not work hard, are not motivated beyond "what am I entitled to" and have no work ethic at all, never mind a strong work ethic. But I am really curious, precisely what race am I offending by saying that?

Up 27 Down 2

YD on Sep 2, 2022 at 4:00 pm

"Dear John", I would argue that there is nothing racist about John's comment: "Hard work, motivation, strong work ethics are three key principles to success”. I would further argue that you've overthought his comment by a mile and accused him of something that would never stand in a court of law.

Up 8 Down 5

Ray’s istance on Sep 2, 2022 at 3:50 pm

In response to “my assets are inflating on Aug 31, 2022 at 10:03 pm”:

Not only are our assets inflating but our “ass-sets” are getting larger too. Yes, as the population increases there is a commensurate expansion of the political classes, aka “ass-sets”!

So, the Liberal ass-sets froze the assets of citizens concerned about the disappearance of their democracy. Yes, the political cl’asses, those right royal asses of the ass-set. You’re being punked!

Up 35 Down 2

Numbers on Sep 2, 2022 at 3:40 pm

To the few people in here defending the NDP by saying it's done everywhere else no problem, the numbers don't lie.
Prior to the rent cap, the vacancy rate was 2.1%. Now the vacancy rate is 0.8%. People are taking their rentals off the market so now less people are able to find a place to live.

If a no cause eviction order is put into place, even more people will leave the rental market. How could they not?
The buildings being emptied of renters downtown falls squarely on NDP Kate White and Emily Tredger. It's horrible what they've done to these people.

Up 6 Down 1

Ray’s ism # 1: People judge, they do not think. on Sep 2, 2022 at 3:21 pm

Dear MITCH on Sep 2, 2022 at 9:48 am:

Thank you for taking the time to ask the questions and to seek clarification.

I believe in the individual engagement of the “individual”. Here there are no presumptions. Tell me what you think, tell me who you are, it is not mine to judge the merits of “correct thought” whether by virtue of an individual, psychological, or cultural pathology.

Neither of these describe who you are, they cannot describe the depths of individual character, rather, generalized thinking about others is biased, prejudiced, and against the colour of one’s skin or physical appearances it is Ray’s ism…

Whenever one is described or seeks to describe oneself as a “culture” they are hiding or obscuring reality. This can be due to any number of factors related to impression management. These impression management strategies are illusions tending towards delusion where one believes in them and holds them and advances them as tokenism.

They describe no person, they are aspirational, and they are dangerous to the health of the whole human, “collective mind”. They serve to distort and create others. Cultures fragment, segregate, and isolate people from one by creating artificial boundaries between peoples. This fragmenting of humanity is dispositionally argumentative. It is well known that there is greater variation within cultures (between individuals and their acceptance of culture, their use of culture, and their buy into culture) than there is between cultures.

This is well studied. Well researched and well documented.

If you tell me you are Irish, African, or KDFN it tells me nothing about you - Zero, nada, zilch. However, it may activate stereotypes which can be positive, negative or neutral but that still tells me nothing about “You”.

For example, the English enslavement of the Irish nearly wiped out the Irish population. Read - White Cargo. If you tell me you are African does that mean you are an Albino African hunter exploiting white Africans for their body parts or are involved in the mutilation and execution of Albinos? If you are a KDFN member do I assume that you are a virtuous personal living the aspirational goals of KDFN culture whatever that is?

I am merely here to learn the abstract pathologies of the human mind and the acceptance by others of these cultural delusions - Impression management. No person should be presented as a representative of some categorical - That is absolutely dehumanizing and this is the ignorance advanced by a heuristic mind incapable of appreciating the nuances of individuality, and the right to the expression of that individuality.

We need to quit pigeon-holing people. It is a grotesque stupidity. It is pathology. Labels, categories, and other imprisoning cognitions are nothing more than motivated judgments about self and others - Let’s drop the pretence - There is no pride in being something you are not and it is dishonest. “You/We” are better than that!

Up 8 Down 0

AdmiralA$$ on Sep 2, 2022 at 1:37 pm

Invest in mortgage backed securities....as we enter a housing down turn and the tightening cycle has begun?
Best of luck good sir.

Up 3 Down 24

Dear John on Sep 2, 2022 at 12:14 pm

Dear John on Sep 1, 2022 at 1:32 pm,

You have committed raycism where you say the following:
“Hard work, motivation, strong work ethics are three key principles to success”.

These are western imperial notions of success. See the article, Smithsonian Institution Explains That ‘rationality’ & ‘hard Work’ Are Racist

“What are these sinister aspects of “white culture,” you ask? Well, according to the Smithsonian, values like “hard work,” “self-reliance,” “be[ing] polite,” and timeliness are all a product of the “white dominant culture.” Indeed, it turns out that conventional grammar, Christianity, the notion that “intent counts” in courts of law, and the scientific method and its emphasis on “objective, rational linear thinking” are all proprietary to “white culture.”

Link:

https://www.aei.org/op-eds/smithsonian-institution-explains-that-rationality-hard-work-are-racist/

Up 8 Down 4

MITCH on Sep 2, 2022 at 9:48 am

@ Ray's isms - Ok, first off, you should have an editorial column and name it that, because it is clever. Secondly, I honestly can't suss out if you are opposing something I said or supporting it, this seems more facetious than sarcastic lol. Proud pale face, whitebread Canadian born honkey right here. I wear the oppressed names for me like a badge of honour so long as they denigrate themselves in calling me things that aren't correct.

I am a Caucasian Canadian of Irish descent. But to folks who matter, you can just call me Mitch. I'll call you by your name as well.

Up 2 Down 8

JC on Sep 2, 2022 at 8:19 am

I love how condescending you are John.

Really illustrates that you sure do know what things are. Great stuff

Up 5 Down 18

George on Sep 2, 2022 at 7:36 am

Landlords do not have the right to do whatever they want. Nor do tenants. Which is why laws exist to ensure both act with mutual respect and fairness.
Rental caps are temporary. Rental increases are permanent.
Most Yukoners have homes because banks agree to finance them. Should banks then have the right to foreclose at any time without cause? Of course, as long as that doesn’t happen to me.

Up 3 Down 24

JC on Sep 1, 2022 at 8:00 pm

BnR

Maybe you missed the comment where I said,
""Know your place! You aren't the propertied class, so take what you get and be grateful."
A common attitude in the Yukon"

Yeah, we get it, your ok with people using their wealth in order to extract profit from a basic need people have. And I, uh, disagree.
Like, imagine thinking that your right to profit should ever Trump others right to housing. Wouldn't be me.

L(Mao)

Up 15 Down 6

Woodcutter on Sep 1, 2022 at 5:10 pm

Residential rental business looks good on paper, but I wouldn't touch it with a 10 foot pole. I would however recommend REIT's (Real estates estate income trusts). Professionally managed, stable earnings, growth potential, diversified holdings and no dealing with snivelling and whining. I've built a nice portfoilio over the years that survived every market swing.

It's a workable option and much better/ safer than being a slum lord in Whitehorse, and most of the apartment buildings kinda fit that slum category.

Up 41 Down 7

BnR on Sep 1, 2022 at 4:07 pm

Dear JC
You’ve left one important piece out of your screed: it’s the landlords own money. Period.
There is no guarantee that property will appreciate. Granted, the market is hot, but there is no guarantee.
Citizens who are not landlords are not obliged to provided social housing. It’s a profit driven undertaking.
Do you work for free? Would you take a pay cut because it’s the right thing to do?
Know why nobodies building apartments anymore? Look in the mirror.

Up 55 Down 9

John on Sep 1, 2022 at 1:32 pm

I am truly amazed that people believe that society as a whole, or in part, should provide them not only with a soft cushion to fall upon, but also the inherent right to social housing at the someone's else's expenses. News flash - I have said this before and here again - the only right you have is the air you breath. Everything else after that you have to earn! No free rides because you want to sit on your duff, do squat and smoke dope.

Truly, if you think landlords are greedy, then why don't you to jump on the gravy train - get yourself a rental and viola you to will be filthy rich on the backs of your socialists buddies.

Oh, those profits mentioned on an appreciating asset. I have news for you - it is subject to capital gains. If you don't understand that then look it up, because I am not here to educate you.

There are way too many left wing nuts in this town. That is why the country, as whole, is in the chaos it is in. Mostly in part thanks to those of you looking for a free ride on the backs of those that have done well, due to their own hard work. God forbid that those that strive should be able to reap the rewards of their hard work.

Hard work, motivation, strong work ethics are three key principles to success. Try it - you may just be surprised at the rewards it will bring.

Up 28 Down 2

commentator on Sep 1, 2022 at 12:33 pm

@Politico: I am very entertained to see that you find my very simple and not even serious "story" to be, " so totally a lie, I'm surprised it was ever published."

Yes, it is rather 'unbelievable', isn't it? Guess what? You need to polish your crystal ball because it is 100% true, and I find it laughable that you are so shocked by a mundane experience witih a renter that you felt the need to burst forth and call it "so totally a lie". Ha ha ha! Honestly dear 'politico' you haven't a clue. Not a single scrap of realization of what goes on. Get on your pony and sit back and let realization dawn on you, that you, a person who hasn't got any experience whatsoever as a landlord, actually does NOT know what goes on.

I'm glad you were shocked. Really it was a minor incident, just outlining the only time I could ever remember 'giving someone notice' in Whitehorse. And he and his girlfriend left on their own in less than two weeks after being told they had a month. The guy had also stolen a gerry can of diesel from my neighbour and was so dumb he thought it was gas and put it in the very quad that he was peeling around in, causing a nice big cloud of blue smoke and hopefully damage to his engine. The neighbours got a laugh out of that. He also likely stole a tow chain from a taxi that was stuck in the mud nearby, did donuts on the road out front of the property, and other sundry items that I didn't bother to mention.

But those are all lies, right? LOL Wake up Dorothy.

Up 13 Down 42

Jonesy downtown on Sep 1, 2022 at 10:17 am

"Most landlords are mom and pop shops" and "I own 74 units" in the same sentence - does this guy hear himself?

Lars is a self important greedy pig. And he's wrong. My 2 year lease can be ended at any time by the landlord with 3 months notice for no reason at all. I have no secure housing under these rules.

It's all built to protect profits for the 'mom and pops' of Whitehorse. Sure they need a 'viable business model' but they need to it under a fair regulatory regime, just like every other business. They all cry when you change something and the sky never falls.

Up 59 Down 10

YT on Sep 1, 2022 at 7:11 am

Maybe Emily and Kate can join forces and build a duplex. What with their YG salaries. I mean, being a landlord is easy right? Marking money hand over fist.
Cmon NDP, put your money where your mouth is.

Up 10 Down 33

Ray’s isms on Sep 1, 2022 at 7:04 am

Dear Mitch,

People have to leave the territory so the Yukon can have greater diversity. Don’t call it a “W _ _ _ e Replacement”
Though. It’s funny that no one has made the connection about the extreme-right, trucker-convoy, being a bunch “HONKEYS” - Apparently they were honking all over Ottawa creating lots of noise. The irony of course is that they were all white supremacists… So, hey, hey we’re the honkeys… Here we come, walkin' down the street, We get the funniest looks from every one we meet… Hey, hey we’re the honkeys…

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Thank you star! on Sep 1, 2022 at 7:01 am

Very refreshing to see the star give a voice to the landlords. I find the coverage on this has been a little one sided giving landlords a bad name when they provide a great service to the community.

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my assets are inflating on Aug 31, 2022 at 10:03 pm

If the Sahara desert were run by communists, there would be a shortage of sand.

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Juniper Jackson on Aug 31, 2022 at 7:38 pm

I have a spare bedroom. How long before the government, who does a continuous monitoring of housing, will be requiring home owners to fill their space? When Whistle Bend was getting ready to open, and the government realized they did not have staff, they sent around a request to government employees , if they had a spare room, consider renting it. Would if they had made that mandatory through legislation?

The government knows exactly how much space a home has, and how many people living in it. How long before NDP/Liberals declare a national emergency and force people to fill their space? I read not long ago, that Los Angeles is looking at legislation to force Hotels/Motels to put the homeless up in empty rooms..for free. So, while this looks like a big conspiracy theory.. its 2022 and the world has gone crazy. Here..have a tide pod.

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Root Cause on Aug 31, 2022 at 6:11 pm

“If I can’t keep control of my asset, who would invest in a market like that?”

I'd reply, "If I can't count on living there until I found another place, why would I want to live there when it is so hard to find another place?" Answer is simple, the Yukon Liberal Party (and the Yukon Party before them) gave renters no choice. Not only that, both of those parties made it impossible to purchase an affordable home because of the shortages of lots they created to build on.

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Politico on Aug 31, 2022 at 6:08 pm

@commentator - Why is it there is always one commentator that has the perfect anecdotal unverifiable response to any story. Your response is so totally a lie, I'm surprised it was ever published. The story stands, greedy landlords are pushing out good long term renters on to the street in the name of GREED!

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JC on Aug 31, 2022 at 5:26 pm

At least Matthew is honest

"Know your place! You aren't the propertied class, so take what you get and be grateful."

A common attitude in the Yukon

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Max Mack on Aug 31, 2022 at 5:21 pm

Using any measure of "inflation" (such as CPI) to control rents is bound to squeeze out small landlords. The market value of properties must also form part of the cost/benefit equation so that landlords can choose how best to manage their investment. Also, regulators can impose new requirements and standards on landlords that far exceed any measure of inflation.

Using CPI or any other measure of inflation to control the rental market is wrong on so many levels.

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JC on Aug 31, 2022 at 5:20 pm

Why is it that, whenever it comes up that that someone needs a return on their investment after purchasing a rental property, the fact that they own an appreciating asset is never really brought up?

My God, the market is so ridiculous that buying a half-million dollar house and sitting on it for a year can see it resold for tens of thousands more than the purchase price.

There can be discussion about rental properties without the landlord lobby and their bootlicking cadre refusing to acknowledge that their equity often sees their investment increase in value, even if their cash flow for that same investment is negative.

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JC on Aug 31, 2022 at 5:15 pm

KC

Who cares? The poor landlords, who insert themselves into the housing market, in order to extract profit from people who need homes arent martyrs, or housing providers, let alone generous kindly folks.

Live by the sword, and all that...

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Landlord on Aug 31, 2022 at 5:03 pm

The whole rent cap tied to inflation is a perfect example of the law of unintended consequences.
If you’ve kept your rent low, then perform upgrades, you can’t recoup your investment same with adjusting for heating costs if that’s included.
There is no incentive to make any upgrades or repairs as you can’t raise the rent to cover your costs.
As others have said, many landlords have had enough and are selling out. The new owners have to up the rent to pay for their investment.
Much of the blame can be laid on the NDP driven rent cap
Furthermore, I wish there was some sort of policy in place whereby landlords could access funding to upgrade the insulation of their properties.
As it stands, there’s no incentive for me to do so as I’m not paying for the heating. I’d love to do the right thing and provide a well insulated home to my tenants, but I’ll never see the return.

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KC on Aug 31, 2022 at 4:38 pm

One of the problems with our rent cap is that it essentially punishes all the landlords who kept rents low for years. All of the landlords who were squeezing their tenants for every dime they could can weather a cap on rent but those who need to play some catch up to cover their expenses are in a jam.

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MITCH on Aug 31, 2022 at 4:09 pm

“We don’t need media stunts.”

Like 30 years of bickering in the legislature while people leave the territory, a legislature encampment, a shelter that gutted our downtown core, which failed media stunt shall we unpack today? If I spent 30 years in any capacity failing to meet these obligations to taxpayers, I would resign my position to a more capable contender.

Every person of seniority currently presiding in the YG needs to shut their mouths, listen to their constituents and do what they are told, yesterday!

Shut up! Not Samson, that guy is one of the smartest councilors we have ever had. I think he agrees with the crowd and YG seriously needs to learn to read a room, instead of pretending a room is what it is not.

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Matthew on Aug 31, 2022 at 4:00 pm

Listen, sorry, but you're RENTERS, it means the owner can do as they wish when it comes to evictions and rent raise. Want to blame anyone, blame the politicians who allowed the Canadian dollar to be printed into extinction..

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commentator on Aug 31, 2022 at 3:40 pm

As a landlord, I can concur that the vast majority of notices to end a rental come from a tenant. I gave notice to a couple once where the young man had said he 'should have punched (my partner) in the head', when he went over to fetch the rent and incidentally asked the guy to stop ripping around on his quad at 10:30 pm. I went over the next day and told him his plan to punch my partner in the head probably would not have gone the way he expected, but beyond that, he's out. He said he was planning to leave anyway and was gone in 10 days. Next time I heard about that guy it was in the papers for a fairly serious crime.

So there's one example, and I would say a more typical example, of why a tenant might be given notice. And I told the guy he had a month to find a place. That was not even a big deal, compared to the places that have been left filthy, or just dirty and full of junk, where they have given me notice.

Anyway, it's part of the business of being a landlord and it's why I don't try to make places perfect anymore. it's too upsetting to see how they are left 50% of the time.

Being a landlord is not all that easy and has its risks. The NDP makes it seem like landlords are throwing people out on their butt willy-nilly, for kicks and an extra 200 bucks in the bank. I'd say this is absolutely not true, and I agree with Lars that it's the tenant who initiates 95% of 'evictions' as the NDP like to call giving notices.

He said 99%, but I'd say 95.
It's pure theatre and drama, which is the stock and trade of Kate and Emily. They don't have a lot of credibility, even if I do like them both as humans.

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