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Fifty years in the making of Ontario’s housing crisis – a timeline - Canadian Centre for Housing Rights
(housingrightscanada.com)
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this post was submitted on 19 Apr 2025
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I agree that such tax reform (and other regulatory measures) is really needed.
But, if the units are purpose built for affordable housing (as proposed federally in https://liberal.ca/housing-plan/ , for instance), this should at least not fall into the investor problem, no?
I don’t see anything that stops investors from buying the homes to rent out. Without it we’re bound to continue to move towards effectively feudalism.
The only thing I have heard of that will actually solve this long term is a heavy cost neutral land tax. Tax the land for the value you can get for renting it and then redistribute the tax income equally back to the people.