Report says tax on $1M+ homes could be key to making housing more affordable
VANCOUVER — An annual surtax on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.
Source: kitchener.citynews.ca
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Report says tax on $1M+ homes could be key to making housing more affordable | iNFOnews
VANCOUVER - An annual surtax on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.
Source: infotel.ca
CMHC-funded group proposes surtax on homes over $1 million to address housing inequality
Generation Squeeze argues that the surtax could raise between $4.54 billion and $5.83 billion to go toward other housing projects
Source: edmontonjournal.com
Tax on $1M+ homes could help solve housing affordability, inequality
An annual surtax on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.
Source: nationalobserver.com
Would you be willing to pay an extra tax if your home was valued at $1 million or more?
A UBC professor said such a tax, to be accumulated annually and payable at the time of sale, would help the next generation find affordable homes
Source: kamloopsthisweek.com