When Your Landlord Is a Billion-Dollar Corporation

“In Canada, to buy a home, it’s a dream, and to rent is a nightmare.” Housing is a human right, but the rental market in Canada reveals a different reality. In my first piece for The Walrus, I examine how financialized landlords are turning the country's rental housing into a tool for profit.

Business, Canada, Economy, General News, Society, The WalrusS HoDecember 5, 2024REITs, Real Estate Investment Trust, Housing, Financialized Landlords, Financialization, Federal Housing Advocate, Rental HousingComment

New CMHC guidelines could open doors to financing for self-employed

Muhammad Arif Omari, a driver from Edmonton, was set to renew his mortgage in September when he was told he wouldn’t be able to switch to a new lender offering a lower rate because he was self-employed. New guidelines could make it easier for self-employed borrowers to qualify for financing.

Globe and Mail, Small BusinessGuest UserOctober 1, 2018Housing, CMHC, Regulatory, Self-Employed