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Originally Posted by phil235
First, that is quite a nice building with all sorts of amenities within walking distance. Not quite a "commie block".
Second, it is much cheaper to provide affordable housing in apartments, and much more practical to provide it in walkable areas where residents don't need to use a car to live their lives. There is really no such thing as affordable single family homes, at least in Canada.
Third, no one is saying that everyone has to live in apartments. What we are saying is that tax policy should no longer subsidize the people who want the big single family home, and we shouldn't be decimating well-used urban transit so we can continue to run inefficient and lightly used routes through low density suburbs. If suburbanites want that service, they shouldn't be asking others to pay for it.
Your replies on this topic often resort to hyperbole and dubious factual statements. This is really about rebalancing and recognizing that we have subsidized unsustainable development patterns for decades. Any objective analysis from a financial or environmental perspective supports that. The question isn't whether changes have to be made, it is how we should go about it.
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I know, but a fundamental change in tax policy will cause real estate upheaval. If we implement a 25% tax increase for all suburban areas to give a similar tax break for the other half of the city. What happens?
How many people are forced out of their homes as a result of the tax increase? Where do they go? They have to downgrade homes, that don't exist.
This will drive up real estate prices in urban areas (where taxes are supposedly lower), because the housing does not exist. Simple supply and demand. So, the gains from lower property taxes only apply to existing residents who get a windfall when they sell their homes at higher prices. But all newcomers have to pay more. So any gains are lost. This is why I brought up commie blocks. In order to compensate for the increase in urban housing prices, the only possibility is to build cheaper buildings.
Also, regarding amenities, there is a limit as I pointed out. If you put apartment buildings up on every block, do those public amenities get maxed out?
I believe any fundamental changes in tax policy will lead to overall higher housing costs for everybody. It will also drive more people out to satellite communities.
I find this discussion a little odd. Before amalgamation, Nepean and Gloucester were fiscally well run.