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

  • m0darn@lemmy.ca
    link
    fedilink
    English
    arrow-up
    3
    ·
    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.