😲 🤦 Canadian Renters Now Required To Collect Foreign Landlord’s Taxes, Withhold Rent
" In a bizarre decision, the nation’s tax authority is telling tenants who pay rent to non-resident landlords to withhold a portion and remit it on their behalf, or they may be liable for the amount with penalties. To complicate things further, one Ontario policymaker warns tenants that have inquired about withholding have been threatened with eviction. "
70 yrs after #SCOTUS delivered its landmark decision outlawing school segregation, #BrownVBoardOfEducation ranks as perhaps the court’s most venerated decision….
Most everything else related to the decision…is complex.
Nearly 7/10 Americans say more should be done to integrate schools…a figure that has steadily climbed from 30% in 1973….But a deeper look into the views of both Black & White people shows skepticism about the success of #Brown….
Today, about ½ of #Black adults favor letting children attend neighborhood schools, even if it means most students would be of the same race—which, given #housing patterns, is often the case.
…9/10 Whites say they support the #Brown decision, & nearly 2/3 say more needs to be done to integrate schools…. Nonetheless, large segments of the #White pop oppose strategies that…make that a reality. Nearly 8/10 White adults say it is better for children to go to neighborhood #schools over diverse ones.
Britain's record on homelessness is world beating, just not in a good way.
We've the highest recorded levels of homelessness in the developed world; while other counties have seen (albeit slow) declines in homelessness, since 2010 the UK's rate has been accelerating away.
The housing crisis has many dimensions, but here there's a direct correlation between the arrival of the current Tory govt. & massive increases!
The party of landlords is working for them & doing nothing for us!
How Canada’s media manufactures sympathy for the landlord class
"..landlords are wealthy families owning more than one home, small businesses operating dozens of units, corporations holding hundreds of buildings and tens of thousands of apartments, & powerful financial investors buying up hundreds of thousands of units."
👉 "Tenant advocacy organizations estimate that 40,000 people are fraudulently evicted every year in Ontario alone."
#Albuquerque Is Throwing Out the Belongings of #Homeless People, Violating City Policy
The city has violated a court order and its own policies by discarding the personal property of thousands of homeless people, who have lost medications, birth certificates, IDs, treasured family photos and the ashes of loved ones.
If people who are literally going to die if they don’t find money for their healthcare can’t raise it with the economy bring so awful (one is @Tinu who could really use the help), then what chance do I have to escape abuse and pay for all the steps to freedom?
But if ask for volunteers in #advocacy to #help or a place to stay, it just just doesn’t work so there’s no spare money but even with this economy people struggling with a spare room would rather not help or would rather advertise for a stranger? I can pay you rent so we’re helping each other! I’m a stranger for a lot of you but not all & I have people who can vouch for me not being a psychopath! 👍
I would really appreciate people to help because I live in a safe Labor seat so accessing services is impossible in many cases because the books are closed or they don’t exist. I’ve had so many people in rich catchments tell me it isn’t so because they have the red carpet rolled out. I challenge them to call the local council and they won’t…
I’ve contacted the local and federal MPs 3 times and they don’t care. Some senators have been okay but can’t do much because they aren’t in power.
There’s no funding. I’ve been waiting for advocacy services for 2 years & no DV orgs help the disabled or chronically ill. I’ve tried them all & have emails for proof (a lot of people don’t understand that most services cease to exist as soon as you’re disabled). It got so bad I’ve even asked a priest for help (no help). He just victim blamed. Maybe I should try protestants?
Am I just not asking the right way? If you can word things better #volunteers are welcome.
"But I am entitled to make decisions in my personal life including selling a property that I own because I wish to move on in my personal life in a different direction. The property was bought when my personal circumstances were different."
Let's remember that part of that change in his 'personal circumstances' is his move into publicly-funded supported accommodation, and that he has already sold, at a massive profit, another property in Canberra which was paid for with his parliamentary travel allowance
Speculators have purchased long-forgotten 2nd mortgages from back during the housing loan crisis, sometimes at pennies on the dollar. They've made little attempt to collect for years, then suddenly they're demanding payment with interest or they'll foreclose on the home.
The housing crisis is multidimensional - from renters being bankrupted by landlords, to home-owners finding owning a house is (as the saying goes) a 'money pit'.
Here are another (albeit relatively small group) that have been skewered by regulatory change & (now) high interest rates - the mortgage prisoners.
The UK's mode of residential property has so many problems, you can hardly think anyone would invent such a system... but then you look at who benefits!
Housing good, parking mandates bad, more at 11. It's interesting to see the precise results of these reforms though. Removing the mandates is really more pro-flexibility than anti-car. The example of the development that would have been illegal under the old code not because it didn't provide parking, but because the parking was next door and technically on a separate lot, was particularly illuminating. https://www.sightline.org/2023/04/13/parking-reform-legalized-most-of-the-new-homes-in-buffalo-and-seattle/ #yimby#housing#FuckCars
“ One look at this chart should be sufficient to understand why the Great Crash of 1929 was both great, and a major cause of the Great Depression which followed it, and why levered speculation, rather than rational calculation, dominates the behaviour of asset markets.”
“ Therefore, credit is a major component of the demand for assets, and particularly for housing. We need a model of asset pricing that includes the role of debt. Given the growth in levered speculation on house prices over the last thirty years, this is especially needed to explain house price dynamics.”
Especially relevant to the US housing crisis. Post WWII, home loans were engineered to power the US economy from war footing.
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“ Treating the rates of change of and HQ as negligible, this implies that the rate of change of house prices is related to—and largely driven by—the acceleration of mortgage debt:”
Interesting, the acceleration in debt itself. Consider the Fed’s policy on interest rates.
Here is a direct relation of interest rates causing inflation.
@nytimes has a cool Buying vs Renting housing calculator.
Given how low my rent is in the Midwest, seems like renting is the smarter financial choice atm. But finances aren't everything. QOL is important too, though harder to quantify.
@mutualaid The urgency cannot be overstateed as rent which is due in a week. Please, include 🏘️ in memo so I know where this goes. They've already dealt with eviction threats in the past and they can't deal with this again. Venmo/PayPal: @seelpah / CashApp: $SeelpahC