fidelityalt.bsky.social
Long-time Canadian patriot, current Canadian nationalist
👤 Joined on 23 January 2025
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Keeping property taxes low has also led to over-reliance for revenue on 1) development charges (which throttles supply, raising prices further) and 2) land transfer taxes (which increases friction on sales, impairing fluidity including around downsizing)
Show PostToronto's generation-long policy of keeping property taxes low has directly, mechanically contributed to high home prices because the sale price of a home = mortgage + property taxes and lowering one gives consumers room to spend more on the other.
Show PostYep. High in the list. And so easy
Show PostIf a driver is complaining about congestion, ask them why they don’t take transit, cycle, or walk. If they say because those options are less convenient, then ask them what the hell they’re complaining about.
Show PostCrime is so bad in Toronto, dozens of cops are available to stand and watch construction.
Show Post