Files for BC's New Minister of Municipal Affairs and Housing Selina Robinson Jul 18, 2017

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NorthReport

Good on you Selina for calling a spade a spade!

http://vancouversun.com/news/local-news/minister-apology-npa

NorthReport

Let's hope so, as this is taking way, way too long. Where is the BC NDP promised $400 rent subsidy to tenants? 

Renters’ Rights Changes Just First Step, NDP Says

Task force on rentals to deliver recommendations in fall.

https://thetyee.ca/News/2018/04/19/Renters-Rights-Changes-Step-NDP/

NorthReport

Hopefully this helps.

B.C. government proposes giving cities powers to create rental-only housing zones

https://www.straight.com/news/1063261/bc-government-proposes-giving-citi...

NorthReport
JKR

NorthReport wrote:

Hopefully this helps.

B.C. government proposes giving cities powers to create rental-only housing zones

https://www.straight.com/news/1063261/bc-government-proposes-giving-citi...

I think this is a great policy.

NorthReport

The deplorable condo shell game that needs to end

https://www.theglobeandmail.com/opinion/article-the-deplorable-condo-she...

NorthReport

Vancouver single-family home sales see weakest April in decades

Just over 170 detached homes were sold in the city last month

http://www.cbc.ca/news/canada/british-columbia/vancouver-real-estate-sin...

NorthReport

Vancouver school tax protesters turn their anger on UBC housing prof, who’s teaching ‘hate’

https://globalnews.ca/news/4186361/thomas-davidoff-ubc-protesters-shaugh...

NorthReport

The BC NDP’s housing moves are so popular, even BC Liberal supporters like them: poll

https://globalnews.ca/news/4196524/bc-ndp-housing-bc-liberals-poll/

NorthReport

My heart just grieves for these greedy folks who own multi-million dollar homes, who the NDP are askin’ to chip in a few bucks to help the less fortunate in society

http://vancouversun.com/news/local-news/homeowners-rally-against-ndp-school-tax-surcharge

Mr. Magoo Mr. Magoo's picture

That tax would be fair enough, if it were deferred until sale of the home.

But just because your house suddenly appreciated in value, doesn't mean you also get a new ready supply of cash.  You only get the cash when you sell your home.  And lots of people still want to actually just live in theirs.

NorthReport

Overwhelmingly BCers agree with the rich people's tax! 

NorthReport

76% of British Columbians say it was a “very good” or “good” idea to expand the foreign buyers tax to areas located outside of Metro Vancouver.

https://twitter.com/mario_canseco/status/1004071977609392128

NorthReport

69% of British Columbians think increasing the property transfer tax from 3% to 5% for homes valued at more than $3 million is a “very good” or “good” idea

https://twitter.com/mario_canseco/status/1004061890417287168

NorthReport

Suck it up 1 percenters!

67% of British Columbians believe introducing a tax of 0.2% on the value of homes worth between $3 million and $4 million, and a tax rate of 0.4% on the portion of a home’s value that exceeds $4 million is a “very good” or “good” idea

https://twitter.com/mario_canseco/status/1004049017699880960

Mr. Magoo Mr. Magoo's picture

Quote:
69% of British Columbians think increasing the property transfer tax from 3% to 5% for homes valued at more than $3 million is a “very good” or “good” idea

By its name, I assume that this tax kicks in when someone sells their home?  That's fair.  They're getting lots of liquid money from that sale and can pay it.

But a tax on that same home before it's sold (if ever)?  Where's that liquid money supposed to come from?

We would never levy income tax on a citizen based on what we "think they could earn"  So why a tax on a home, based on what we "think it could sell for"?

Will the government of BC (or anywhere else) guarantee home owners that if they've been paying (let's say) property taxes on the assessed value of $3M on their home, that if they sell it, they'll get $3M for their home?  If the best they can do is $2M, will the government cover that difference?  Or else on what grounds can the government just cheerfully assume a $2M house was actually worth one and a half times that, and tax based on that?

NorthReport

The rich voted for the wrong party! 

NorthReport

I agree but it is the Greens that are blocking it.

NDP government hasn’t helped renters

http://www.timescolonist.com/opinion/letters/ndp-government-hasn-t-helpe...

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