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this post was submitted on 02 Apr 2024
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When a business pays rent they can deduct it from their income. When I pay rent...?
Makes sense.
That would have a much higher impact on affordability than whatever this credit score plan is trying to do.
If you did this, they'd just raise rents be what you're claiming.
Any answer to this problem that doesn't involve both taxing the everloving shit out of investment income and property holdings, as well as a massive build of public housing, is basically deck-chair shuffling.
The Liberals and Conservatives do not want to fix this problem because a) a huge chunk of the Canadian economy depends on property speculation, and b) they and their donors make more money on the problem than they would on any solution..