Quote:
Originally Posted by Mr.HappySilp
If the gov does care about it they would start building rental apartments like a lot of Asian country did already.
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with what land anywhere remotely close to a major transit hub?
this is not China (yet..sadly), you can't just grease a group of peasants/parcelowners, raze their teardowns and erect 30 towers in a few months. there are codes and permits.
back to the example, you're too focused on the new vacancy tax, how it's in rental condition etc... just temporarily remove all that from the equation, my point is why does a retiree living in a basement suite pay so much property tax on a cabin in the first place? how does that make any sense unless there's pretty important details conveniently left out
yeah more taxes is never fun, but cue sad piano music because you inherited a massive lot in a quiet community by the water 15 minutes from a major hub, if it's that unfortunate of a predicament she should trade places with the families that squeeze in a studio unit paying 1800/mo that's stuck renting there for good...it's like the small minority wanting to voice their complaint they can no longer keep their hks excsausht when a good chunk can't really bare even the increase in insurance year after year
yeah, it's a tax grab, a tax that will go directly to affordable housing that you're saying they're not doing enough about