4 ms·

Housing has gotten worse in many places. I hate to be repeat a meme but land value tax would fix this.

bryanlarsen 2y ago
Only the provinces have the constitutional authority to impose a land value tax. (The cities get their property taxing rights from the province).
- adverbly 2y ago
  Ding ding ding! Yes! I find it interesting that the Federal government is getting the majority of the blame for these issues when in reality I feel like provinces should be at fault. Not to say that the federal government is without blame, but I feel like given the current state of healthcare in many provinces, as well as the housing s** show, provincial governments should be primarily held at fault. Zoning/housing, Healthcare, education... Obviously the immigration loop holes have been an issue as well, but these three are provincial.
  - 3vidence 2y ago
    Seems odd though that despite these issues being provincial that every province is seemingly struggling with these issues... Almost like there is a larger macroeconomic force at play.
    - digging 2y ago
      I don't see how it's odd at all. The kinds of changes that would stabilize housing and make growth more sustainable would threaten the interests of many wealthy people, including politicians themselves.
      - 3vidence 2y ago
        Sorry I really should've added /s I agree with you.
    - adverbly 2y ago
      > larger macroeconomic force Ding ding ding! Demographics my friend. Somehow what should have been the most predictable thing ever (that people get old over time, changing the age profile of the country), has somehow created issues that are coming as a complete surprise to the government... Healthcare underfunded because people are getting old. Tertiary education overattended leading to a skills mismatch. A large cohort of baby boomers who consistently push for NIMBY style policies because they spent so much on their house that their retirement depends on it... Policies should be proactive in these fields rather than reactive. I'm of the opinion that many countries /regions struggling with these issues have largely done it to themselves by lack of foresight. I'm hopeful that it will improve in the future though. Pretty much only able to go up from here! Let's go land value tax!!!
- zahlman 2y ago
  Sure, but no province would take the political risk without an assurance of it happening simultaneously in other provinces.

Only the provinces have the constitutional authority to impose a land value tax. (The cities get their property taxing rights from the province).

adverbly 2y ago
Ding ding ding! Yes! I find it interesting that the Federal government is getting the majority of the blame for these issues when in reality I feel like provinces should be at fault. Not to say that the federal government is without blame, but I feel like given the current state of healthcare in many provinces, as well as the housing s** show, provincial governments should be primarily held at fault. Zoning/housing, Healthcare, education... Obviously the immigration loop holes have been an issue as well, but these three are provincial.
- 3vidence 2y ago
  Seems odd though that despite these issues being provincial that every province is seemingly struggling with these issues... Almost like there is a larger macroeconomic force at play.
  - digging 2y ago
    I don't see how it's odd at all. The kinds of changes that would stabilize housing and make growth more sustainable would threaten the interests of many wealthy people, including politicians themselves.
    - 3vidence 2y ago
      Sorry I really should've added /s I agree with you.
  - adverbly 2y ago
    > larger macroeconomic force Ding ding ding! Demographics my friend. Somehow what should have been the most predictable thing ever (that people get old over time, changing the age profile of the country), has somehow created issues that are coming as a complete surprise to the government... Healthcare underfunded because people are getting old. Tertiary education overattended leading to a skills mismatch. A large cohort of baby boomers who consistently push for NIMBY style policies because they spent so much on their house that their retirement depends on it... Policies should be proactive in these fields rather than reactive. I'm of the opinion that many countries /regions struggling with these issues have largely done it to themselves by lack of foresight. I'm hopeful that it will improve in the future though. Pretty much only able to go up from here! Let's go land value tax!!!
zahlman 2y ago
Sure, but no province would take the political risk without an assurance of it happening simultaneously in other provinces.