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Liberals promise to build nearly 500,000 homes per year, create new housing entity
(www.thestar.com)
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Force the rich to sell their multiple houses too. Tax their wealth and they won't have a choice. 3rd homes should get taxed at 10% of their value or more. Let's stop kidding around. That'll force them to divest fast as fuck.
I have a question for you.
What percentage of Canadian homes are owned by a single person or family who has 3 or more properties?
What if I told you that number is so small that your argument is great rage bait, but realistically useless?
65% of residential properties in Canada are owned by the family that lives in them, another very large chunk is dedicated rental apartments, then there's a ton of second properties like cottages, etc., then of course there are people who have a second property for rental, but the number left remaining for people with a third property (for themselves or rental) is less than a couple percent of the total housing market.
Go ahead and implement that tax, it's not going to hurt anyone I care about, but if you expect any noticeable effect on the housing market you're not thinking logically about the situation.
"It doesn't effect people, even if people are upset about it, so why should we do anything" is not a good and effective way for a government to work.
The same trust in self-governing is what made the Internet the shithole that we're dealing with now. I'd rather the parties make an adjustment before something is abused, not after.
Nobody in this goddamned world has ever heard the term "preventative" I swear to God.
You don't brush your teeth when you start getting cavities. You brush to prevent them.
You don't install seatbelts after you've been ejected from your car. You get a car that already has seatbelts and airbags.
Vaccines, healthy foods, routine hardware maintenance (cars, computers, etc), exercise and stretches... You're supposed to do and get things BEFORE you have the problems they solve.
We really really need to get into the habit, as a species, of trying to prevent bad things before they happen.