Not all landlords are rich

Dear editor,

Re. the Nov. 5 article: Courtenay landlord challenged by maximum allowable rent increase.

The comment of Mayor Bob Wells struck me as the stereotypical, widely held but erroneous notion that all landlords are rich.

It is also a callous remark to the Courtenay landlord to stop complaining about his increased expenses.

The fact that the landlord “owns the asset” (more likely is paying for a large mortgage) does not change his financial situation as owning property in itself does not generate income.

Any possible profit when he actually sells the assets in future does not help him meet his expenses today.

J. (Hans) Keijser

Comox

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberni Project Society AGM coming up

The Alberni Project Society will be holding its 2020 annual general meeting… Continue reading

Narissa Young brings her Diana Krall tribute to Courtenay

Thursday Night Jazz at The Avalanche Bar will be something exceptional this… Continue reading

Royston celebrates Family Day with ocean dip

Polar Bear Swims tend to be a Jan. 1 tradition to ring… Continue reading

Comox Valley Move2Electric aims to decrease GHG emissions

Organizers of the 2019 Comox Valley Move2Electric car and bike show had… Continue reading

VIDEO: Ottawa wants quick, peaceful resolution to pipeline protests, Trudeau says

The protests have manifested themselves as blockades on different rail lines across the country

Public meeting in Courtenay to discuss state of residential care in B.C.

Long term residential care for seniors is an issue that is top… Continue reading

Canucks acquire forward Tyler Toffoli from Kings in push for playoffs

Vancouver sends Schaller, Madden, pick to L.A.

New highway proposed between Alberta and B.C.

The route would connect Red Deer to Kamloops

Wet’suwet’en and B.C. government have been talking Aboriginal title for a year

Coastal GasLink says it has agreements with all 20 elected First Nations councils along the 670-kilometre route

Trudeau tightlipped on plan to end protests ‘quickly and peacefully’

The prime minister, who cancelled a two-day trip to Barbados this week to deal with the crisis at home

AVI Courtenay closing Overdose Prevention Service (OPS) March 31

Due to the loss of its contract, Aids Vancouver Island in Courtenay… Continue reading

B.C. budget expected to stay the course as economic growth moderates

Finance minister said ICBC costs have affected budget

Canadian standards for coronavirus protection to be reviewed, health agency says

The protocols set out how health workers should protect themselves and their patients

Most Read