Quote:
Originally Posted by GlassCity
This is true, but if higher levels of government aren't doing their part to fix these things, the municipal level doesn't have much of a choice, as ultimately they're the ones most affected. Obviously there are things the city could do too, but there's really only so much.
It always surprises me when people talk about the City of Vancouver needing to do more to improve housing affordability, when to me it was very clearly a provincial issue. If the problem extends far outside Vancouver, it's not their fault or problem to exclusively solve.
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The speculation tax is BC wide but it feels like this tax was pushed by Vancouver voters.
In the end though everything is getting pretty high and the government is doing little to solve it. Gas prices are high yet they just added on a new tax. Real estate prices are high and they added on more taxes. When things get high, they tax it to go higher!
A reminder that while real estate prices might have gone down the increased taxes kind of eliminate the savings.
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