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Here are some suggestions for improving housing affordability - Land value tax. This incentivizes more efficient land use, such as building denser housing unit
by JSavageOne 4y ago
Here are some suggestions for improving housing affordability
- Land value tax. This incentivizes more efficient land use, such as building denser housing units (eg. apartments) and less wasted space like giant outdoor parking lots
- Tax on non-primary residence
- Tax on foreign home buyers
- Build more housing. I'm not familiar with Canada, but the U.S has many issues with overly restrictive zoning laws preventing the building of affordable housing. Also public housing gets a bad rep, but it works pretty well in Singapore, Korea, Japan, etc.