I guess it shouldn’t be too surprising to see the NDP targeting landlords with their latest legislation. Landlords represent everything socialists despise. Landlords have worked hard, acquired property and are trying to become more prosperous through using the property that they own.
Property. Work. Profit. All evil in the eyes of the hard left accidental government of Alberta.
Like socialism itself, rent controls are a proven failure that leftists try over and over and over again with invariably negative outcomes. The only reason that the Notley NDP isn’t going down the rent control road right now is that there is a surplus of rental property available in our moribund economy and rents are dropping naturally. Since rent control isn’t on the table right now, the next best thing for socialists is regulation.
The Notley NDP plans to table legislation making it illegal for property owners to have adult only rental properties. Landlords will be forced to rent to families and you can rest assured that undesirable tenants will use the threat of age discrimination in order to force their way into rental properties that they normally would never have qualified for.
Who cares about property rights? How dare the owner of a property get to choose who may actually reside within that property? Those monsters!
Our legislation is already so tenant heavy in the allocation of rights that literal absurdities are happening.
These regulations will have the same inevitable effect that rent controls do. They will lead to a reduction in available rental properties as it becomes increasingly unviable to invest in these kinds of properties. As landlords flee the rental market and development of rental properties slump, a rental crunch ensues. Then renters find themselves more screwed than ever as rents skyrocket (that supply & demand concept that continues to elude the left).
The next response from leftist governments when private enterprise flees a market is predictable as well. The government will take on the role of providing housing.
Government housing around the world is invariably shitty. If you want bureaucratically run slums, this is the way to do it. Ghettos are created while the productive flee ever more deeply into the suburbs. Thankfully, our accidental government wont be in power long enough to get to that end but it will take some doing to undo this damage and this assault on property owners.
Plenty of landlords willingly rent to families. Some, however choose not do. They should be allowed to. It is their own damned property after all. Supply and demand will ensure that enough housing is available for all demographics in the long run if government will keep its meddling hands out of the market. Alas, that is contrary to the nature of the Notley NDP and the damage will be done.