Mining more salt...

Bob42

thumbs-up 156
88 thumbs-down
Fireworks for personal use could be banned in Guelph
GuelphToday
20
Look out Communism here we come!
28
16
so what happens when the expenses for these buildings exceed the revenue because the rents have been held so artificially low for so many years? The owners go bankrupt and walk away from them, they start to crumble and the city (taxpayer) is left to clean up the mess. No one wants to own or build new buildings because the hassle isn't worth the small profit or lack there of and thus we have a housing crisis....
12
21
Interesting, cut down the number of international students, vacancy rate increases, prices drop
2
17
exactly, just another reason to force people out of the rental ownership, many of these buildings have hot water systems, the costs to retrofit with forced air systems would be prohibitive. many more will bail out of providing rentals..
4
13
Anybody remember the 80's ...Heat pumps, electric furnaces. electric baseboards..R2000...I spent a good portion of my early career in the heating business ripping all the electric equipment out because the cost became so outrageous heating your home electrically nearly bankrupted people...don't fall for it again folks...
7
10
Here in lies the issue. When inflation was 8 percent rent control was 2 percent and rent stayed artificially below that rate for too long. When these buildings come up for sale they have likely been owned for the same people for years with no mortgage. When they are sold, there is likely a large mortgage to be paid by the new owner as well as the taxes, heat ,hydro and upkeep which costs have gone up significantly. Not withstanding tenants who destroy units , don't maintain them properly and the ones who know how to play the landlord tenant board game and not pay rent for 2 years before finally being removed. (personal experience) . So owning rental units these days are a greater risk that ever before, and I am not about to lose my shirt so someone can live cheap. Unfortunately rental units will continue to disappear until the land lord tenant act is revised or the reward is worth the risk. Glad I'm out of it.
9
13
not at allTop 10 list: study permits for international students in 2023Colleges and universities with the most study permit applications approved in 2023 by Immigration, Refugees and Citizenship Canada.A top 10 list of the Canadian colleges and universities with the most international student study permit applications approved by Immigration, Refugees and Citizenship Canada in 2023Table with 3 columns and 10 rows. Sorted descending by column "Permits"Post-secondary institution Province PermitsConestoga College Ontario 30,395University Canada West B.C. 13,913Fanshawe College Ontario 11,706Niagara College Canada Ontario 11,199Seneca College Ontario 11,042Lambton College Ontario 9,639Centennial College Ontario 9,529Algoma University Ontario 9,329Sheridan College Ontario 9,211Fleming College Ontario 8,849
2
2
so just so you know the city Does not pay for the sewers water services, hydro line gas lines sidewalks, roads and street lighting put in a new subdivision, the developer does, and for 2 years after the developer is required to maintain these services then after repairing and replacing curbs an signs and sidewalks that are damaged by the cars using the roads and the taxpayers it is turned over by the developer. Millions of dollars are put out by the developer long before any profits are made in fact I was told by one developer that you only start making profit in the last phase or 2 of any subdivision, which could have 4-5 phases or more. So maybe the users of the roads, sewers, community centers (which development charges are used to pay for)parks (which the developer is required to donate the land for and install the turf and play equipment) should pay for their upkeep. And if developers cannot make a profit for their expertise, good luck finding someone who will do it for no money.
13
8
All those who feel that housing should be non profit I would suggest buy one these buildings when they come up for sale and rent them out for no profit if it makes you feel good. One tenant who takes the 24 month free ride compliments of the LTB will bury you. Enjoy bankruptcy.
5
9
The same use it or fine them should apply to the city if it takes longer than 7 years to either approve or deny an application
1
8
When the ones in Kitchener Waterloo cannot find accommodations they look to Guelph as it is a short drive, add the 1700 from the University of Guelph, and that is a lot of rental accommodation required...
1
5
The building actually operated as the Guelph Paper Box Company up until 1983 W.C. Woods purchased the building and put the addition on the side the tracks run down in 1984. I worked for a summer at GPB and for the company that put the addition on.
1
4
put the cops back in the schools, they were removed because the little drug dealers mommies said they were intimdating their kids..
1
2
$800 per month rent is not realistic, you will not find that anywhere in a vacant unit apartment period. The only way to get this is in government subsidized housing, which is tax payer funded, and if you want to see how that gets treated by the benefactors take a walk up the stairwells of the matrix building downtown. Forcing someone to do this will only stop investors from purchasing these buildings, which will fall into disrepair and go bankrupt because they have no owner...
2
2
Congrats Jett, looking forward to your leadership and watching you play next year!
2
Looked after Mr McFarlands house a few times when was away. I'm part of the old Harrison Ave gang. He was always a gentleman and will be remembered as so.
2
Fantastic effort Elly! You haven't played much but you sure showed what you are made of. Great Job looking forward to many great games from you!
1
Where's Patrick Babin, haven't seen him for a while?
1
If you look into the past 2 Ross Roberston cup wins, both times we were out in the first round of the playoffs the previous year. By the time trading was completed this year, were were left with 1 overager and 4 guys in their 19 year old year, the rest are 18, 17 and some 16 year olds. The teams that are taking a run have 3 overagers and 10-12, 19 year olds on their roster. IT makes a huge difference. Trades will be made to beef up the roster and nobody should be complacent about their spot next year. November December will tell the tale if the team is a conteneder and then a few trades will be made to take it to the top. If you understand junior hockey there is no panic yet...
Who pays their landlord cash hmmmmm right and doesn't get receipts at time of payment, and we wonder why no one wants to provide rentals...
Mining more salt...