08-04-2022, 03:33 PM
(08-04-2022, 01:57 PM)Bytor Wrote: Where are you getting regulation on sale pricing or people being forced to move?
From your previous message:
Quote:I dream of provincial and national policies that would regulate residential property to barely more than inflationary appreciation in order to make property a commodity rather than a speculatory investment to get rich on.
As to being forced to move, it is possible for somebody to be forced to move from their property by increased property taxes. If my property were suddenly to be taxed as “vacant land for an 80 story building” rather than as a house, I myself might have to move.
I don’t think anybody suggested explicitly forcing anybody to move, but changing property tax policies could very well force more people to move.