*** Rents keep increasing; have the salaries increased also?
- bluegreen77
- Oct 21, 2018
- 1 min read
There lies the culprit. Rents keep increasing ; but has the salaries been increased also? No. Rents need to be decreased and then capped for a while of increasing.
I will be asking for a meeting of the apartment building owners and will ask them if it is possible to reduce the rents of their tenants by 25% monthly .
Somme have already paid their mortgages. Those can reduce the rents.
For those whose mortgages have not been fully paid , I will ask them if they can extend them.
WE ARE ALL IN THIS TOGETHER.
THIS IS OUR CITY.
WE MUST PARTICIPATE ACTIVELY IN IT , FOR THE PEOPLE.
There is less and less NET DISPOSABLE INCOME to pay rent for shelter and for all the basic needs necessary to live: transportation, food, utilities( cellphone,hydro, internet).
This situation increases the number of residents on the waiting list for affordable housing .
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