3 ms·
I agree, regulation is largely what's keeping supply down. That being said, I think there's something wrong with purely living owning 10+ investment properties
by fratlas 10y ago
I agree, regulation is largely what's keeping supply down. That being said, I think there's something wrong with purely living owning 10+ investment properties while millennials in Syd and Toronto are being priced out of buying a dwelling.
- tim333 10y agoYeah it's probably not a good idea. Taxing them more might be a solution. Like a 2%/year annual tax on properties with an exemption for your main residence.