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Toronto Rental Cost (& AirBnB) Issues

SunriseChampion said:
Piece of shit that Bezos is....asking people for donations (!) to help pay employees still working their bonuses.

That's the entitlement issue we're dealing with.

Airbnb....Bezos....same trash. Dispose of ....and carry on. :)
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Did he seriously do that?? He could easily fund them all out of his own pocket.
 
gabe said:
He also cut Amazon warehouse workers $2 extra hazard pay. Poor guy is only worth 150 billion.
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You're only worth what you can negotiate based on the extraordinary value you can bring to the business or organization. Beyond that, you're at the mercy of whatever minimum wage is. If you're willing to work for less, why would Bezos pay you more? Employees are a cost of business, would he pay more for his electricity beyond what it says in the utility bill? Of course not, that's shareholder money he's playing with, if he has extra its theirs, not the employees.

IMO, Bezos is doing good work. He saved the Washington Post from going under, thus protecting print media in these trying times and thus keeping Trump accountable. He's also employing thousands of people, investing in real estate development, spending cash in every direction it seems. All that spending goes to folks who do the work, drivers, contractors, builders, etc, etc.
 
Admiral Beez said:
You're only worth what you can negotiate based on the extraordinary value you can bring to the business or organization. Beyond that, you're at the mercy of whatever minimum wage is. If you're willing to work for less, why would Bezos pay you more? Employees are a cost of business, would he pay more for his electricity beyond what it says in the utility bill? Of course not, that's shareholder money he's playing with, if he has extra its theirs, not the employees.

IMO, Bezos is doing good work. He saved the Washington Post from going under, thus protecting print media in these trying times and thus keeping Trump accountable. He's also employing thousands of people, investing in real estate development, spending cash in every direction it seems. All that spending goes to folks who do the work, drivers, contractors, builders, etc, etc.
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Until Amazon starts paying taxes where it operates and pays its employees a living wage and gives them the working conditions they deserve, they aren't getting a cent of my money.
 
Jeff Bezos commands the Washington post who to attack and not to though.


BIllionaire owning national newspapers should be a red flag
 
gabe said:
Until Amazon starts paying taxes
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Again, they’re not paying taxes because they’re following the tax code. If they didn’t and gave shareholder money to the taxman I’d consider that mishandling of shareholder property. Amazon pays property taxes, utilities, VAT on things it sells and contributes massively to income tax rolls through hiring thousands of people.
 
Jasmine18 said:
Billionaire owning national newspapers should be a red flag
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Isn‘t every national newspaper owned by a billionaire? Going back to the 1800‘s Billionaires have bought or founded newspapers to control the message, these include billionaires from the Hearst, Sulzberger and Thomson families. Why is Bezo’s purchase of the WaPo so noteworthy?

The Toronto Star would be lucky to find such a well healed buyer.
 
Admiral Beez said:
Again, they’re not paying taxes because they’re following the tax code. If they didn’t and gave shareholder money to the taxman I’d consider that mishandling of shareholder property. Amazon pays property taxes, utilities, VAT on things it sells and contributes massively to income tax rolls through hiring thousands of people.
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The same is true for other corporations that are paying corporate taxes - clearly there is something very, very wrong with how certain corporations are able to exploit the tax code and loopholes. And yes, you mean the same Amazon that were able to leverage municipal tax breaks because of their size?

It's time to break these mega corporations up.

AoD
 
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AlvinofDiaspar said:
The same is true for other corporations that are paying corporate taxes - clearly there is something very, very wrong with how certain corporations are able to exploit the tax code and loopholes. And yes, you mean the same Amazon that were able to leverage municipal tax breaks because of their size?

It's time to break these mega corporations up.
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Amazon started small and grew because people bought their products. At what point do you break them up? Does every business have a cap at which its size is considered against the public good that the business must avoid?
 
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Toronto residential rents dropping because of COVID-19, figures suggest

Demand has decreased and supply is up, driving rents down, Urbanation says

Jun 18, 2020

"If you have the ability to move, it's a good time," said Pauline Lierman, director of market research for Urbanation. "You might have some choice out there coming onto the market."

Lierman says the change in the rental market is unprecedented, and the trend could continue into 2021 as more newly built units come online— approximately 20,000 by the end of the year.

The numbers show renters are taking advantage of lower rents and more choice, as the number of leases signed has been rising by a slightly faster pace than that of new listings.

This might be due to several factors related to the pandemic, according to Lierman.

She cites a slowdown in immigration as a factor, both with permanent residents moving to the Toronto area and students coming from abroad, as well as students who have chosen to move home as their classes move online.

"There might [also] be people ... leaving the city," she said.
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