141–150 of 332 posts
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Traditionally, you only pay a fine if you’re caught.
Cynically, one could claim the same about taxes.
People should be able to do whatever they want with their properties
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No, they shouldn't. There are externalities that effect others, and the free market. For example, you don't want people doing things that poison groundwater for the neighbors, right? Anyway, letting property sit idle benefits the landowner but causes issues for neighbors, local government and the free market. It means businesses in those locations get less customers, and local governments less sales tax. If the prope…
Problem is, every “tweak” of the market causes ramifications, often unintended. A great example is rent control. Sure it helps current tenants, but it distorts the rental market such that it disincentivizes putting new homes on the market, and the exact opposite of what you want - higher rents.
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People need homes to live. Shelter is essential in the way very few things are.
How about you start paying fines for all that unused food in your pantry?
It doesn't make sense to me why they'd WANT to leave them empty?? If I were a landlord, I'd be doing my best to keep the rentals occupied as much as possible.
People should be able to do whatever they want with their properties
If you want to do almost whatever you want, buy a property outside of a city. Or you can just pay to make up for the economic damage your wasted space causes. You're not going to get jailed.
I guess it sucks for people that get incorporated against their will or whatever.
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Are you currently selling your unused possessions on Craigslist? That camping gear or extra set of kitchenware? By not selling your things, you are making those things more expensive for everyone else. Therefore, you are creating a negative externality by not selling your things, and storing unused property in your garage and basement should be illegal. What you are describing is not an “externality” in the way that…
> Are you currently selling your unused possessions on Craigslist? That camping gear or extra set of kitchenware? Can you create new land? No. They are completely different things.
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I find this argument a lot whenever Airbnb is mentioned. Do you have a source available? Rent has increased significantly in Toronto recently. How do you know Airbnb is a significant factor?
Here, according this[0] report Toronto has around 6200 entire units as airbnb units. That's at the very least 6200 less rental units in the market. And you know very well how supply and demand works. Anecdotal, but the couple in my neighbouring unit recently bought a condo and moved out. Guess what happened to that unit. It's a full time airbnb unit now. My floor has 12 units, and out of it 3 are full time airbnb uni…
You could have just summarized your entire post up with just that one word. You have no conclusive proof that airbnb is the sole cause of the rent increases you have observed.