www.cbc.ca/news/canada/manitoba/birchwood-terrace-residents-seek-answers-1.7201469
Birchwood Terrace residents seek answers at town-hall-style meeting with landlord, engineer
NewsThis is what will happen. 100%
Exactly Why do you think they canceled all the leases
Why do you think they canceled all the leases
They had no choice in that matter. It'll take months or maybe even years before people can live in there again. So you can't really continue a lease for a space that can't be occupied.
It's very likely they'll amortize the repair costs with increased rent, so yeah rent will go up.
Watch them turn around and make them into condo's.
This was a quick and easy way to renovict everyone.
Pretty smart eh? Do you think they were dumping corrosive liquid on the building supports for the last few decades hoping one day they would give out and this could be their move? You would have to be super patient but yeah, you are probably right, this was the plan all along, quick and easy.
Obviously they were not planning this for decades lol. If you were a landlord and you knew of structural issues that would cost a fortune to fix, this seems like a great opportunity to give everyone the boot, fix the issue, perhaps renovate, then turn around and charge far more than what any rent increase would allow.
Landlords are in the business of making money. That’s literally all they care about. Everything they do is financially motivated. There’s a reason they willingly provided the damning report to the city and there’s a reason they are refusing to offer any temporary housing to their tenants.
There are so many obvious holes in what you said, I will just leave it there….
Are you really that much of an idiot? You think they would mass evacuate and up root peoples lives just to do this? Fuck get a brain.
Yes, when a landlord makes a substantial change, improvement etc to a property, they can apply to the rental board for approval to increase the rent over the maximum set out for the year.
Ladco also owns the hotel where the meeting was held, but Borger said the company won't provide room and board because it's not prepared to respond to a "problem like this" where so many people need homes.
Oh look landlords who are content to take people's money while letting their building deteriorate, then they cry poor and beg the city to bail them out.
How about, they are forced to provide rooms to their tenants. I don't care if they go bankrupt, that's karma for how they did not care for their building.
Absolute parasites
Lots of money to donate to politicians of every stripe at every level, no money to maintain their building and house their tenants in an emergency.
This is disgusting. If I was one of those tenants I’d camp out in the lobby of the hotel.
But Ladco will keep damage deposits for nails holes in walls
Bankruptcy would be the easiest way out. Not sure of the structure of that company but the people in leadership positions should be held personally liable.
That would be accountability.
In a corporatist society, no one is responsible.
Is the rental side of Ladco separate than the developer site? They are the developers of South Pointe and Prairie Pointe, they should not be going bankrupt over this. It’s not exactly like they’re a small operation.
Ladco’s not going bankrupt over providing accommodation, they’re the developers of South Pointe, Prairie Pointe and etc…
Theres no legislation in MB to make landlords responsible. Get off your ass Wab.
Looks like lots of seniors in that pic. This makes me really sad.
I hope these people find a good lawyer and sue their asses off
Class action lawsuit
They really should give free temporary accommodation at the hotel they own until each renter finds other accommodations. And pay for storage of furniture.
It was a pet friendly apartment and many hotels don’t allow animals. A tough situation for people with animals.
They own the hotel, they can waive that policy if they wanted to.
Exactly! Put them all on the same floor and make it pet friendly temporarily.
they own the property, not Holiday Inn policies.
HI properties are pet-welcoming
I believe the holiday inn is pet friendly?
Isn't it a law that they have to provide accommodations?
It should be, but I don't think it is. They have to release them from their lease, and probably owe them their damage deposit and remaining days in May.
Edit: They did exactly that, fuck me for not reading the article first I guess.
I think the onus is on the tenant to have their own insurance.
It's only a "law" if the Government of the day bothers to enforce it, or you have the money to hire a "lawyer" to enforce it. Which category do you think these (fixed income/elderly) tenants fall into?
I think that's why you have renters insurance. It's insurances job to provide accommodations.
Renters insurance also compensates the landlord for damage caused to the building by the tenant.
Also the landlord will have their own insurance.
so the landlord gets covered by two policies but the tenant only gets covered by one? (Nevermind that tenants insurance doesn't automatically have accommodation insurance)
Screw that, the landlord has caused huge, material damage to their tenants' lives. These tenants are owed compensation, and that should come from the landlord.
Don’t think the landlord is covered for much if it was neglect. And also foundation deterioration usually isn’t covered by insurance. Not for home insurance either. But there’s going to be lots of lawyers making money off this.
so the landlord gets covered by two policies but the tenant only gets covered by one
Your policy as a tenant protects you from being sued by the landlord's insurance company if you have something like a fire in your unit. So you're actually the one protected.
In this case, if the tenants have a policy that covers this type of loss their insurance will likely subrogate against the building's insurer or even the building's owner. I can't imagine the building insurance will cover this.
Uninsured tenants will probably have to fend for themselves at their own expense in small claims (or a higher court).
Landlord has one insurance for their building and that includes damages made by the tenants. Tenants need their own insurance to cover themselves and thier property as well. it's very cheap because it doesn't cover the structure.
That is absolutely why you should have renters insurance, but that's not what they asked, is it?
I'll make it simple for you and put it in other words that you can understand..."no"
This is probably a dumb question but would rental insurance cover this? I don't think they would be responsible for the lack of upkeep and maintenance on a building.
Yea it would cover your accommodations. It's the same as if the building caught fire or something. Insurance could probably sue the owners and get the money back but I'm not sure about that.
Depends on what's enshrined in the contract. Another user who has been displaced due to this incident mentioned their insurance provider covers accomodation up to 21,000 in the case of sudden loss of residence (not the exact wording, going off memory).
I dont know why youre getting downvoted, this is a simple statement of facts.
Either they think I'm victim blaming or they think I'm wrong. Maybe I am wrong idk I'm just trying to help by passing along what I've heard.
Oh wow Ladco not taking responsibility for their actions? Shocked, completely shocked. As someone with prior experience with the hotel, they could provide room and board for atleast some of these people but they will choose not to because that would mean mean losing out on more money that they can overcharge others during peak time as well as making sure it is the “clientele” they want associated with hotel.
I have friends in the trades that have been working in that building for ages, and have been warning the building management about it for ages. Nothing about this snuck up on them other than the engineer pulling the plug. They could have had their whole hotel empty and at the ready if they weren't total pieces of shit.
That’s sounds like a good class action if they were aware
I don’t understand how are they not responsible for these peoples accommodations?
Because our entire society is built around protection of peoples property; specifically their right to use it to extract wealth from others less fortunate than them
I live not too far from Birchwood Apartments. I have pretty great landlords. I can’t believe how bad those people let that apartment block rot. It’s their fault that all of these people are homeless now. And they should be putting these people up in some very nice hotels.
The owner of the Apartment Building also owns The Holiday Inn down the street, and they refused them an accommodation at the Hotel. Can you imagine. I hope they all find a good Lawyer
The city should seize all their properties and out the tenants displaced there.
does the city have that power? seems crazy that they would
It would be and no they don’t have that power. The person above thinks like a child.
To be fair, many posts are responding to information in these posts that isn’t factual and it continues to drive emotional comments based on misinformation.
I mean sure, but so what. I can extend my comment further and say most of the people commenting on this post think like children.
And you would be accurate.
Preach , couldn't agree more
Landlords are parasites that don’t offer any actual value to society.
Edit: jeez lots of people crying for the parasites!
Yes. Reminder that even the father of capitalism knew land leeches are horrible for society
This is useless rhetoric. How do people who can't or don't want to buy a house have a place to live without a landlord? You want society to be home-owners or hobos, nothing in between? Don't throw the baby out with the bath water.
We really should have more housing co-operatives available.
uhh yeah so have you ever heard of public housing?
With public housing, the government is the landlord. Is that better? Just have good government regulations then for all landlords.
Actually when your fundamental business model is to make profit versus provide housing it actually impacts the way your business structures itself pretty importantly.
Why on earth would we try and regulate landlords when we could just hold the property collectively in common
Absolutely! People should be forced to buy their own house no matter what!
hey y0. Did you know its possible to rent to people and not do it for profit?
If you can't afford a house then your not allowed to house your family in them!
Considering I pay more in rent than I would a mortgage I’m not sure how your comment makes any sense.
That's a broadly incorrect statement to make. Both mortgages and rents vary based on the property
It’s a completely correct statement as I’m speaking about myself and my specific situation.
If you’d like me to match your pedanticness, “I pay more in rent in my current home than I would pay on a mortgage in a similar home.”
Is that better? Sheesh. Go enjoy some fresh air! ✌🏻
It's just an overall dumb statement. There are so many other factors that go into this. OK so maybe your mortgage payment may be cheaper than rent but whay about all of the other costs that come with owning vs renting...
Don't tell me what to do with your misleading statements
If owning costs more than renting, why do landlords just not own homes and do anything else with their investment?
I mean, exactly right? This is a thread below someone who said if you can’t afford to buy a house, you shouldn’t have kids. Home ownership and renting is expensive now with a lot of varying factors of what is better for each individual’s situation.
But again, for me while my rent is more than I’d pay in a mortgage, it makes sense for my current situation. But, the conversation isn’t about renting vs ownership. This is about people who were suddenly displaced from their homes.
Feel free to debate elsewhere.
If I'm paying the landlords mortgage, I can afford the house.
Wow.
One bad situation doesn’t reflect all situations. One bad landlord doesn’t reflect all landlords. There is a place for landlords in society and they do provide value to society in many situations. People can be taken advantage of too. It’s not all one thing.
You are off the rails and your comment is toxic.
You are a one of the largest contributors to this sub and level of toxicity of your comment only highlights the biases that I see here.
no there isn't.
Landlords add nothing and just stand in between people and the homes they need extracting wealth.
Replacing every single one of them with public housing would not change a damn thing
If that was the case there wouldn't be renters.
I support this comment. Some buy some rent. Every situation where you pay for stuff is not exploitation.
untrue. for profit renting will always be exploitation because it literally is not adding anything to the equation just syphoning off $$ from renters
no Public housing, no housing cooperatives either?
420 was last month there, bud
The fact people are complaining the tenants no longer have a place to live proves you wrong
People had to leave everything behind.
Wonder what the plan is for all the spoiled and rotted food. Going to be a biohazard pretty quickly.
All landlords are bastards.
Tell me you like playing the poor victim card without actually saying it…
Guy, I've worked for landlords. They're all scum. Pay you next to nothing to manage a property, they'll tell you to straight up lie to people coming to view the suites, they take damage deposits when it isn't necessary, they will come into the space you rent from them when you're not home and steal from you.
And that's not even all the shitty ass things landlords are guilty of.
No. Not ALL landlords are bastards.
Yes. All of them.
Not all of them. Some are good people just trying to operate a place for people to live and that care about there guest. Unfortunately, the industry is ripe with people willing to take advantage of others. However it goes both ways, as I know of tons of tenants that have abused there privilege's and or destroyed the properties and left the landlord on the hook.
You know, I've heard about these landlords that care so much about the people that live there that they just hand the money back they made from renting out property the bank bought for them at the end of the year; but as of yet I've never met anyone who's actually received one of those cheques back from a landlord who cares about the people to live there.
I see you possibly have a lot of hatred in you. Be well u/saltedcube.
heh. yeah. Sorry. They are. We don't make the rules.
If they can’t provide room and board they should be locked up and be grateful that’s all. Absolutely subhuman.
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Watch them fix the foundation and crank up the rent by 50%.