it's all relative. If both partners have decent jobs, paying 2k rent isn't a biggie. On the other hand, if both are jobless, or one's employed with average/below average pay, can get tough.no no no, Vancouver and Toronto are the worst for rent, one bedroom apartment in a high rise building that is built after 2003 goes for 1700-2200 depending on your location in the Greater Vancouver Area. NUTS!!!!!!!!!!!!!!! I can't believe that Calgary is doing the same...
I would say taxes are going nuts instead (not rent)! For example, in Vancouver, non-principal homes are being taxed as empty homes by both the municipal and provincial governments and for properties worth more than 3 million dollars, an additional school tax would be applied.no no no, Vancouver and Toronto are the worst for rent, one bedroom apartment in a high rise building that is built after 2003 goes for 1700-2200 depending on your location in the Greater Vancouver Area. NUTS!!!!!!!!!!!!!!! I can't believe that Calgary is doing the same...
That is to encourage people to rent out their empty properties.I would say taxes are going nuts instead (not rent)! For example, in Vancouver, non-principal homes are being taxed as empty homes by both the municipal and provincial governments and for properties worth more than 3 million dollars, an additional school tax would be applied.
School tax has nothing to do with encouraging people to rent out their empty properties! Besides, non-principal doesn't always mean they are empty!That is to encourage people to rent out their empty properties.
Was replaying to the fact that empty homes are being taxed. They are being taxed in order to encourage people to rent them out if they are sitting there empty for years.School tax has nothing to do with encouraging people to rent out their empty properties! Besides, non-principal doesn't always mean they are empty!