Archive for the ‘Rental Property’ Category

Good News For Landlords: Saskatchewan Sets Employment Record

Saturday, July 6th, 2013

July 5, 2013

Saskatchewan landlords rents good news

Good News For Landlords Because Tenants With Jobs Are Tenants Who Pay The Rent On Time

According to a report in the Saskatoon Homepage the jobs picture in our province is looking good.

Saskatchewan had the strongest employment growth and lowest unemployment rate in Canada in June. That from the government after the latest numbers were released from Statistics Canada.

This is another reason why we wrote Investors across Canada and Around the World are Looking at Rental Property in Saskatchewan earlier this year.

The provincial news release indicates 568,200 people were working in Saskatchewan in June which breaks the record set one month earlier.

There were 19,300 more people working on a year over year basis.

That’s a 3.5 per cent increase – the biggest increase in working residents among the provinces.

The government says over 90 per cent of the new jobs created in the past year were full-time.

There were 12,000 more women working in Saskatchewan than a year ago which accounts for over 60 per cent of the employment growth.

The biggest employment gains in the past year were in the areas of agriculture, trade, professional, scientific and technical, and construction.

Jobs means tenants with money. It’s great news for landlords because it means rent can be paid on time. While some provinces are going backwards more and more hard-working people coming to Saskatchewan to find jobs and build a future.

To discuss this and other landlord and tenant issues go to the free Saskatchewan Landlord Forum

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Saskatchewan Government Increasing Per-Diem Rates for Emergency Shelters

Tuesday, November 13th, 2012

November 12th, 2012

The Focus Is To Develop Relationships With Private Landlords for Safe and Affordable Housing

According to a report in the Leader Post, the provincial government is going to increase the per-diem rates Saskatchewan emergency shelters receive.

Who Does the Funding System Work?

Accommodations and meals are paid for on a per-diem basis to shelters for people requiring temporary emergency shelter. The per diem for families has been increased by providing $28 per child, up to a maximum of five children.

Before this increase, social services provided per diems of $47 for single adults, $62.50 for families and childless couples and $20 per person for meals.

What Do Those On the Front Line Say?

The head of the Regina YWCA said the new funding was appreciated. However, shelters in Regina are still always filled and people in need are turned away nightly.

And there is a need for more affordable housing.

The YWCA director said she want to start assisting her clients to get into private rental housing.

Howver even with all the good landlords out there, there simply isn’t enough rental housing available.

What Does She Recommend?

The director, Elias-Henry, wants to develop good relationships with private landlords.  The goal is to find safe and affordable housing for her clients to get them out of the shelter.

Sounds Like A Good Plan!

Elias-Henry wants to reach out to private landlords so her clients can avoid being homeless and have some stability in their housing needs.

What’s the Problem?

She says nearly half the women in her downtown Regina shelter don’t have permanent housing when they leave.  

Why is That?

It’s impossible to say exactly. Landlords all over do not want to have to act as ‘social workers’ and always worry about getting a Tenant From Hell.

Taking on a tenant with a history of non-payment or mental illness may lead the landlord to lose rent and have a bad situation where they are looking for help for themselves.

It’s an issue that all stake-holders need to discuss and work out a plan that understand the concerns of everyone involved.

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Higher Rents Pose Some Challenges For Newcomers to Saskatchewan

Sunday, October 21st, 2012

October 21st, 2012

 Is the Rent Really “Too Damn High” in Prince Albert?

Todd Osborne and his family have lived in Hamilton, Ontario since 2006.

He held a job in a warehouse and wants to return to Prince Albert.  The problem is rents are high there.

Years before, he said he rented a place for only around $600 per month. Now rents rents are over $1600 per month!  He might even want rent control.

Hamilton, Ontario tenant Osborne things that wages have not increased compared to the high rents.

What Does the Government Say?

The chair of the P.A. Housing Authority is named Fred Payton.  Mr. Payton said the munipal housing committee was working on ideas to create more affordable housing.

Payton said the government has created a reasonable secondary suite policy for they city and has tried to put funds into social housing.

What Does the Mayor Say?

The Mayor is Jim Scarrow.

Mayor Scarrow explains that it’s not only his city which is struggling with affordable housing.  Thanks to Saskatchewan’s boom there is a lot of immigration to the province.

If Todd Osborne Things the Rent is Too High Here, Then Why Even Come Here?

That’s a good question.

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In areas where there is an economic boom, housing prices also increase.  If Osborne wants low rental prices he should go back to economically depressed Hamilton.  No jobs, but lots of rotten places run by bad landlords, and cheap rent.

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