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OmegaCanada Formerly known as r/MetaCanada
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25
TAX GRAB: Trudeau government examining tax on Canadian homeowners (thepostmillennial.com)
posted 4 years ago by StartedGivingBlood77 4 years ago by StartedGivingBlood77 +25 / -0
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– beerandoil 17 points 4 years ago +17 / -0

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.

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– beerandoil 6 points 4 years ago +6 / -0

I’m a renter trying to buy. We’re all fucked!

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