This would not fly well at all among the home owning public. Like it or not and as "bad" as things may seem, home ownership rates among Canadians is still somewhere above the 65% range. That's a LOT of people, and a LOT of voters. Any politician or political party attempting this would be committing political suicide.
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Originally Posted by rb
So this is came up in a dinner I had a few months ago w/ some RE managing brokers and c-suite ppl that work at well-known developers.
It honestly would not be surprising if something like this comes up in the future. Some sort of tax based on how much space 1 occupant can occupy.
A lot of prime detached residential land/properties is currently owned and occupied by people that don't need that amount space, which can be used to build more housing. If your widowed mom or dad is currently in a large detached, you bet your ass they'd probably sell it than pay some sort of occupancy based tax or rent out rooms to strangers. Millennial voters who hate boomers would love it lol
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