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submitted 2 years ago by [email protected] to c/[email protected]
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[-] [email protected] 11 points 2 years ago

As a former resident of downtown Toronto... Property taxes are a joke. They should crank up property taxes on any property that isn't a primary residence to close the gap. Fuck the short-term-rental hoarders. I've always told my city councillor that I wanted to live in a nice, clean city where everyone gets their needs met, and pools and parks are open and staffed appropriately -- and that higher property taxes were an acceptable way to make that happen.

[-] [email protected] 5 points 2 years ago* (last edited 2 years ago)

Renters in non-rent-controlled buildings would love this idea.

[-] [email protected] 5 points 2 years ago

They could probably afford to buy a house if this idea was implemented. :)

[-] [email protected] 5 points 2 years ago* (last edited 2 years ago)

I don't know about a house but yeah, it should force landlords with unsustainable costs to sell. 😅

[-] [email protected] 3 points 2 years ago

That's precisely the point. Get residential homes out of the hands of speculators and into the hands of families.

[-] [email protected] 2 points 2 years ago* (last edited 2 years ago)

Even with rent control they would just evict the tenants. There is no such thing as trickle down

[-] [email protected] 2 points 2 years ago

That’s the plan! We can expect to see an increase in property taxes now that Olivia Chow is elected.

[-] [email protected] 8 points 2 years ago

If only the province and city could actually agree on something

[-] [email protected] 3 points 2 years ago

Non-paywall link?

[-] [email protected] 1 points 2 years ago
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this post was submitted on 24 Jul 2023
22 points (100.0% liked)

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