Quote:
Originally Posted by Changing City
The baby boomers part is bs. They were born roughly 1946-1965, so they're aged 58-77. Around 262,000 households owning their home in Greater Vancouver had heads of household born in that timeframe in 2021, and there were 300,820 households where the head of household was younger than that. As every single property owning baby boomer can defer their property tax, if they wish to, the 'big bills coming due' won't bother them.
It will bother all the Gen X and Millennial home owners, who are also much more likely to have a mortgage, and are facing higher mortgage payments and higher property taxes. That's who the politicians are trying to protect. |
If there is one thing I've learned following municipal politics, it's that you can jack up the property taxes and nobody aged 58-77 will complain about it. Sure thing. No municipal decision ever takes that age group into consideration. Lol.
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