Quote:
Originally Posted by flatlander
That lousy example notwithstanding I think we should see higher assessments on surface parking lots based on income, and lower assessments on heritage buildings like the Fortune Block.
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So essentially, you'd be applying a municipal tax to the rental income received by landlords? Unless you can make that apply only to parking lots, you would be taking a larger chunk of the rent from occupied buildings, which could cause landlords to raise rents, which could force tenants out of the core. The opposite of what we want to do.
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