Addendum 1

* Vancouver B.C: growing population
* construction of new affordable apartments not economically viable
* increased competition for available apartments
* Vancouver real estate so expensive that only profitable approach to new rental units is towers w. hundreds of $million+ units
* meanwhile empty/vacant apartments/condos: offshore wealth shelters
* private equity exacerbates already dire availability/affordability situation

#AffordableHousing #capitalism #corporations #profiteering

Addendum 2

Impact of Short-term Rentals on Canadian Housing
Using data collection & analysis to investigate effects of short-term rentals
https://www.cmhc-schl.gc.ca/en/nhs/nhs-project-profiles/2020-nhs-projects/impact-short-term-rentals-canadian-housing

* short-term rental services such as Airbnb disrupted housing markets across Canada, around the world
* popularity led to apartments & houses converted f. traditional long-term housing rentals into STR

#AffordableHousing #Airbnb #neoliberalism #capitalism #profiteering #corporations #DefundCorporations #PrivateEquity #homelessness

Addendum 3

Avg. price for Canadian rental unit hits record high in 2023-06
https://www.ctvnews.ca/business/average-asking-price-for-canadian-rental-unit-hits-record-high-in-june-rentals-ca-1.6478222
https://rentals.ca/national-rent-report

*avg. price for rental unit in Canada reached a record $2,042 last month amid continued interest rate hikes, population expansion, low unemployment
* Vancouver was Canada's priciest city for renters: 1-bedroom $2,945; 2-bedroom $3,863

#Canada #Vancouver #Toronto #AffordableHousing #HumanRights #WealthInequality #inflation #CorporateGreed #PrivateEquity #corporations

Addendum 4

[artwork]
Rent Hikes: As rents continue to increase in USA, eviction filings jump 50% above pre-pandemic levels
https://www.thenation.com/article/economy/rent-hikes/

UNITED STATES

Tenants push Biden for rent control on all government-backed housing
Tenants are organizing to require rent control for landlords who receive federal support
https://wagingnonviolence.org/2023/07/tenants-push-biden-for-rent-control-government-backed-housing

LA Promised to Preserve Low-Cost Housing. Tenants’ Homes Were Turned Into Hotel Rooms Anyway
https://www.propublica.org/article/meet-people-uprooted-by-american-hotel-los-angeles

#AffordableHousing #inflation

Addendum 5

'This is a very serious issue': Growing concerns over illegal Airbnb listings flooding the Vancouver market
https://bc.ctvnews.ca/this-is-a-very-serious-issue-growing-concerns-over-illegal-airbnb-listings-flooding-the-vancouver-market-1.6492769

Our city is experiencing a housing crisis and some people are taking advantage of the system and trying to make some money using some illegal short-term rental."

Under City of Vancouver regulations, you need a valid business licence to operate a short-term rental, and it’s illegal

#Canada #Vancouver #Airbnb #HousingCrisis #AffordableHousing

Addendum 6

How We Found What the City of Los Angeles Didn’t: Landlords Renting Low-Cost Housing to Tourists
Hotel ads, booking sites and guest reviews
Tourists staying in rooms meant for low-cost housing
Yet the city’s Housing Department has cited few landlords for violating the residential hotel law
https://www.propublica.org/article/we-found-los-angeles-landlords-renting-residential-hotels

#LosAngeles #AffordableHousing #ShortTermRentals #homelessness #corporations #DefundCorporations #PrivateEquity #inflation #CorporateGreed #HumanRights

Addendum 7

Montreal: Inside the Airbnb hustle taking homes off the market
Short-term rental scheme earning big money for entrepreneurs & property owners; leaving renters homeless
https://ricochet.media/en/3976/the-montreal-shuffle-inside-the-airbnb-hustle-taking-homes-off-the-market

* joint investigation into Airbnb & housing crisis: https://www.gofundme.com/f/investigating-airbnb-enqueter-sur-airbnb
* Pivot Legal Society: https://en.wikipedia.org/wiki/Pivot_Legal_Society
* French version: https://pivot.quebec/2023/08/03/la-combine-de-montreal-la-nouvelle-astuce-airbnb-qui-transforme-les-logements-en-argent-comptant

#Canada #AffordableHousing #ShortTermRentals #Airbnb #PivotLegalSociety #homelessness #corporations #DefundCorporations

Addendum 8

Landlords’ Anti-Rent-Control Argument Is B.S.
https://socialistproject.ca/2023/08/landlords-anti-rent-control-argument-is-pure-bs

* landlords, their defenders can’t defend the indefensible: rents soaring 92% in last decade
* squeezes working class tenants while corporate landlords like Essex ($408-million 2022 profits), Equity ($807-million), Avalon Bay ($1.1-billion) enrich billionaire class

#poverty #AffordableHousing #RentControl #capitalism #SocialistProject #PrivateEquity #DefundBillionaires #WealthInequality #PovertyIndustrialComplex

Addendum 9

Landlords Pushing U.S. Supreme Court to End Rent Control
https://jacobin.com/2023/08/supreme-court-landlords-rent-control-harlan-crow-clarence-thomas

* landlord lobbying groups want to overturn NYC rent stabilization law
* would pave way for legal challenges to rent control laws across U.S.
* 1 group tied to GOP megadonor/Clarence Thomas benefactor Harlan Crow, and hedge fund billionaire Paul Singer who provided private jet to Samuel Alito

#AffordableHousing #RentControl #DefundBillionaires #SCOTUS #HarlanCrow #PaulSinger #ClarenceThomas #SamAlito

Addendum 10

Every developer opted to pay Montreal instead of building affordable housing under bylaw
https://mastodon.social/@persagen/110928362532236819

Canada's housing affordability crisis requires wartime public effort: CUPE
https://cupe.ca/canadas-housing-affordability-crisis-requires-wartime-public-effort-cupe

Canadian Union of Public Employees: https://en.wikipedia.org/wiki/Canadian_Union_of_Public_Employees
* Canadian trade union serving public sector
* recent years organized workplaces in non-profit & para-public sector

#Canada #CUPE #AffordableHousing #HumanRights #capitalism #homelessness #socialism #unions

City of Montreal to build dozens of modular housing units to combat homelessness crisis
https://montreal.ctvnews.ca/city-of-montreal-to-build-dozens-of-modular-housing-units-to-combat-homelessness-crisis-1.7016727

* City of Montreal adding new measure to efforts to combat growing homelessness crisis
* 60 modular housing units expected 2025-Mar
* offer vulnerable Montrealers way back into housing

#Canada #Montreal #AffordableHousing #HumanRights #capitalism #homelessness #socialism

Canadian mega landlord Dream Unlimited using AI pricing to massively hike rents
https://breachmedia.ca/canadian-mega-landlord-ai-pricing-scheme-hikes-rents

* algorithmic pricing
*gives landlords ability to coordinate rent hikes
* used by Canadian developer Dream Unlimited ($25B assets)

Dream Unlimited: https://en.wikipedia.org/wiki/Dream_Unlimited#2023-2024_Rent_Strikes

Rent strikes in Toronto: https://mastodon.social/@persagen/112939264838100221

#Canada #AffordableHousing #corporations #CorporateGreed #capitalism #AlgorithmicPricing #DreamUnlimited #PrivateEquity #developers #inflation #poverty #RentStrike

Rent strikes in Toronto
https://mastodon.social/@persagen/112939264838100221

Can’t afford the rent: Rental wages in Canada 2022
https://mastodon.social/@persagen/110770408376631623

Average asking rents in Canada reached $2,185 in2024-Jun as growth slows to 7%
https://mastodon.social/@persagen/112759279505990491

'Kind of dehumanizing': What it's like trying to find a decent place to rent in Calgary these days
https://mastodon.social/@persagen/110509675396950001

Toronto tenants fight rent increase, argue landlord QMW Corporation using it to cover redevelopment costs
https://www.cbc.ca/news/canada/toronto/tenants-fight-agi-cover-cost-report-sell-develop-bu-1.7313349

* tenants fighting above-guideline rent increase
* 1/2 of it covering environmental assessment
* typically used to help landlord sell/redevelop property
* claim: landlord QMW Corporation using AI to recover costs associated w. future redevelopment

#Canada #AffordableHousing #CorporateGreed #capitalism #AlgorithmicPricing #DreamUnlimited #QMWcorporation #developers

Private Equity Giants Invest >$200M in Federal Races to Protect Lucrative Tax Loophole
https://mastodon.social/@persagen/112882987432014405

* 11/50 top indiv. contributors to pol. campaigns this election cycle work in private equity
* betting on candidates who will protect v. special federal tax break: carried interest loophole

#capitalism #PrivateEquity #GOP #billionaires #PrivateEquity #WealthConcentration #WealthInequality #inflation #WealthTax #TAXtheRich #REIT #libertarianism #corporations #oligarchy #plutocracy

CAPREIT
https://en.wikipedia.org/wiki/CAPREIT

* Canadian real estate investment trust h.q. in Toronto, Ontario, Canada
* CAPREIT: largest publicly traded apartment landlord in Canada
* 2022: $17.7+ billion in assets
* owns/interests in 67,000+ residential apartments, townhomes, housing units across Canada, Netherlands, Ireland
* 28,500 employees

#CAPREIT #capitalism #REIT #PrivateEquity #PrivateEquity #WealthInequality #inflation #WealthTax #TAXtheRich #corporations #oligarchy #AffordableHousing #slumlords

Vancouver housing unit subdivided w. cardboard wall
https://bc.ctvnews.ca/quite-alarming-u-s-student-says-vancouver-housing-unit-subdivided-with-cardboard-wall-1.7048797

* unit not as advertised; unsanitary, unsafe
* cardboard wall next to stove to create make-shift room
* unit at Ocean Park Place in West End run by CAPREIT: Canadian Apartment Properties REIT
* CAPREIT building in New Westminster tried to convert 1-BR units to multiple rooms

CAPREIT: https://mastodon.social/@persagen/113188701327401598

#BC #CAPREIT #capitalism #REIT #PrivateEquity #inflation #corporations #oligarchy #AffordableHousing #slumlords

Vancouver Apartment: Surveillance Cameras, Eviction Threats, Defamation Suit
Court battle implications for privacy/tenant organizing
https://thetyee.ca/News/2024/10/08/Vancouver-Apartment-Life-Surveillance-Eviction-Defamation

Plan A Real Estate
https://www.plana.pro
Anoop Majithia: https://www.plana.pro/about.php
https://fliarbi.com/market.ai/international/company/plan-a-real-estate/1318933
https://old.reddit.com/r/vancouver/search?q="Plan+A+Real+Estate"

#Vancouver #PrivateEquity #slumlords #AffordableHousing #TenantRights #capitalism #CorporateGreed #PlanArealEstate #AnoopMajithia #RentalUnits #surveillance #privacy #intimidation #evictions