TAX GRAB: Trudeau government examining tax on Canadian homeowners
(thepostmillennial.com)
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If this goes ahead watch the housing market crash and burn. No one, not even seniors, or their heirs, will sell. All existing stock will be converted to rentals. The only sales will be new construction. Anyone not currently housed is fucked. Anyone with a starter home looking to move up is fucked.
I’m a renter trying to buy. We’re all fucked!
I have an idea how about instead of taxing people who contribute to our society we stop closing down the economy over chinese flu and giving money to people that aren't working.
I keep committing them so it's more like a lifestyle than a game.
It'll just force everyone to rent.