Ontario

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TVO Today | Ontario’s housing dystopia is an utter scandal (www.tvo.org)

submitted 1 year ago by [email protected] to c/[email protected]

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OPINION: A new report calculates how much you’d have to make per hour to afford rent. The result is an indictment of all levels of government

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[–] [email protected] 3 points 1 year ago

Canada is in the unique position that most of the wealth in this country is real-estate, and therefore has a street address.

That's a really good point I've never seen articulated that way before.

I've long been curious about the impact of tweaks to the principal residence exemption for capital gains tax. Eg a cap, ie once a house has appreciated say $1M in value, further appreciation is taxable as revenue.