Another tale of renoviction in St-Henri
Relevant but depressing tale of another renoviction process, this one a rooming house on Notre-Dame in St-Henri.
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Kate
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Roman 09:18 on 2019-11-20 Permalink
And what to do when buildings truly require major renos? So many buildings in St Henri are in a decrepit state. Some haven’t been renovated in 50 years with faulty foundations, leaking roofs.
SKB 09:22 on 2019-11-20 Permalink
Sure. But that isn’t what we are talking about here.
Spi 10:39 on 2019-11-20 Permalink
This is just a consequence of the current system. Essentially building a bubble of unaffordability, a few lucky ones get to enjoy the benefits for a few decades and then one by one the lagging revenue potential is going to be exploited when the building is sold.
It’s only going to get worse as boomers age into retirement and sell their rental properties as a retirement fund and new owners who paid ridiculous multiples will have to find a way to make it work.
MarcG 11:03 on 2019-11-20 Permalink
A proposal: you can’t own a building unless you live in it.
SMD 13:21 on 2019-11-20 Permalink
With you all the way, @MarcG.
Québec Solidaire has proposed a moratorium on renovictions in sectors where the housing vacancy rate is less than 3%. We should be talking about this much more.
Spi 14:31 on 2019-11-20 Permalink
In theory that’s nice but you’ll end up with probably worse and more cases of discrimination. It’s one thing to rent a unit to a stranger it’s another thing to have that stranger as a neighbour.
I’ve seen multiple instances where an entire triplex that’s been split up into 2 3 1/2 on each floor is occupied exclusively by single women, that doesn’t just happen by coincidence. People have a narrow window for what makes for a good tenant and an even narrower one for what makes for a good neighbour.
Tim 10:29 on 2019-11-21 Permalink
The biggest problem here is the original owner was permitted to let their building fall into a state of disrepair so bad that the building had to be condemned. Why wasn’t a lien put on that building so that the city could have claimed some of the money from the sale?