Ontario

2209 readers

70 users here now

A place to discuss all the news and events taking place in the province of Ontario, Canada.

Rules

No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
Be respectful, especially when disagreeing. Everyone should feel welcome here.
No porn.
No Ads / Spamming.

founded 3 years ago

MODERATORS

[email protected]

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

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

26 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] [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.