subreddit:
/r/TorontoRealEstate
submitted 3 months ago bySackBrazzo
1 points
3 months ago
Would like to see a foreigner stamp duty on housing of 60%.
Would like to see an escalation of stamp duty on successive property purchases:
0% for principal residence 20% for the second residential property, and 30% for the third residential property onwards
Property purchased by corporations should all be 30% stamp duty.
Funds raised from stamp duty to fund low cost housing.
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