Quote:
Originally Posted by Fuzz
Well they also don't pay similar property taxes. I assume their values are much lower than a home, which means they pay a lot less in taxes, but basically get the same general services as Calgarians. You mention snow clearing and garbage. I rarely get a plow on my street, and I pay for garbage on my utility bill. I assume they don't. Your property tax argument isn't making much sense.
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Ok. But the amount of tax they pay is irrelevant. You don't pay as much property tax as the guy in the 25 million dollar house. Yet you still get the same stuff. The fact is they do pay a full tax roll via rent and via property tax on their equity. Therefore I think they're entitled to fair treatment on the equity they do pay against.
It's an odd situation. An easy one to fix and one that likely won't happen again.