: To think that a $5-billion windfall will create new housing seems more like a pipe dream. Why are we so mystified at Canada’s housing crisis?
The result: Only large, well-funded builders can afford the time and costs to navigate the complex and cumbersome zoning process. They do not undertake this for small projects; the outcome is sprawling suburbs or high-rise condominiums, while less expensive projects and smaller lots go undeveloped.Can homeowners pay a bit more in taxes? Of course they can.
The vast majority of homeowners are ordinary people with little control of their property’s valuation. Many in urban and rural areas alike hold large mortgages and, with inflation across the board, face increasing monthly costs.
Homeowners make sure they earn enough for the lifestyles they choose. The governments that tax us are covering their lifestyles and lobby groups and waste it on the way.
Marxists can't wait to take those houses topoli
For the 'Millennial' generation; have to sell them houses using a monthly subscription....
Imagine the greed and entitlement of someone who thinks they’re noble in stealing other people’s money
Sure if people houses a worth 2 million or more and if they make a million plus in revenue
Great idea.
Of course additional property tax would also hit landlords who will pass the taxes onto their tenants. So everyone will end up paying
To the letter writer: I hope your rent gets increased significantly
This is an incredibly bad take. Inflation is out of control, interest rates are up, basic necessities are at all time high prices, wages are stagnant, carbon taxes are about to increase and you suggest this? This is just kicking the middle/working class while they're down.
Another spin article attacking home owners. This wouldn't go in line with the 'own nothing and be happy' agenda would it? Are you suggesting that we tax homeowners out of their homes? How much do they pay you for these spin articles.. Oh yeah 600 million a year, I forgot.
Going to happen but people who live corporate lives won't be affected they don't pay tax. So the super wealthy will be touched.
Yes let's make housing even more expensive 🥴
This is a joke right. Many homeowners have made many sacrifices to own their homes. Give up travel, dining out, that new truck or car, etc. What have you sacrificed for home ownership? Nothing I bet!
expect you are not, at this time a home owner. and yes buying a home today in Canada seems out of reach for many Many homeowners have a great struggle to maintain their property
Is there a chalkboard of stories?