New Member - Introduction and thanks!

[ijmorlan]

Thank you for linking this so I don't have to! It's amazing this myth goes on.


Note, the city of Waterloo will still be collecting more taxes per household, because the value price of the houses are higher. So you pay less taxes in Waterloo (assuming equal value), but the city collects more, in comparison to Kitchener. There are some areas of Waterloo where house prices are the same as Kitchener,  most things comparable, so it pays to know this.

Fixed that for you zanate. 

Don’t be so sure. I think A price is the amount of money for which something is offered to be purchased or sold, or the amount for which it was or is agreed to be purchased or sold. A house that is not on the market does not have a price. For tax purposes, however, all properties have a value assessed. Similarly, my computer does not have a price. It had a price when I bought it, and if I sell it when I’m done with it it will again have a price — first my asking price, later the price at which it is actually sold.