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...

NorthReport
NorthReport

Where is BC’s focus on town houses rather than strata councils which are often nothing more than an opportunity for property management companies to rip consumers off. What a scam these stratacouncils are!

NorthReport

Let’s put an end to Strata Council Management ripoffs and build town and row houses instead

I wonder how much strata fees as a percentage over the years have been added to the cost of a home!

https://globalnews.ca/news/4325538/bc-neighbourhood-ban-children-play-street/

NorthReport
NorthReport
NorthReport

We were promised a renter’s rebate of $400. Where is it? It’s time working people were looked after in BC, eh!

JKR

NorthReport wrote:

We were promised a renter’s rebate of $400. Where is it? It’s time working people were looked after in BC, eh!

A $400 renters rebate works out to $34 per month while the allowable yearly rent increase for most people protected by BC government rent controls is now higher than $34 a month. So a $400 renters rebate would do very little to improve housing affordability in BC. To increase housing affordability the BC government would be better off building social housing than spending money on a rebate. Also, some of the rebate would go to higher income renters.

NorthReport

Very few if any renters would turn down the $400 a year rebate and it was an election promise which needs to be kept Of course other aspects of rent control need to be addressed as well but politicians need to live up to their actual promises!

NorthReport

Selina I hope you are getting involved in this and run the speculators out of town. Another reason why David Eby needs to announce a Public Inquiry into Money Lundering and BC’s Real Estate Industry

https://thetyee.ca/Opinion/2018/07/19/Hard-Questions-Vancouver-Affordability-Approach/

NorthReport
NorthReport
NorthReport
NorthReport
NorthReport

Looking good NDP. It is just a matter of time, when sellers realize the party is over, before we will see some serious drop in prices but definitely moving in the correct direction which is D-O-W-N

 

https://www.straight.com/news/1111631/housing-sales-plummet-according-real-estate-board-greater-vancouver

NorthReport

Forget Canada’s Oil King and the useless Libwrals but Selina has potential to make major changes but she needs to pick up the pace Lokk what Dave Barrett achieved in 2 short years for the people BC has never been the same since

https://thetyee.ca/Opinion/2018/08/02/Reconciliation-Right-Roam/

 

NorthReport

Go figure! As if anything that smacks of the rich staying rich, and the poor being kept poor is some kind of surprise. A surprise would be support for the poor! Selina, it’s time to get the developers out of municipal politics

https://www.washingtonpost.com/business/economy/in-expensive-cities-rents-fall-for-the-rich--but-rise-for-the-poor/2018/08/05/a16e5962-96a4-11e8-80e1-00e80e1fdf43_story.html?utm_term=.856ba4178922

NorthReport

What are you elected mayor for? Do something about it!

Better yet step down and let other people who might have a clue do something about it

https://globalnews.ca/news/4382113/kelowna-mayor-short-term-rentals-affecting-housing-market/

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