07-13-2021, 11:28 PM
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#1894
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Franchise Player
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Quote:
Originally Posted by 81MC
Average home price:
Fraser Valley - $945 000
Greater Toronto - $968 000
Calgary - $518 000
If you have an average single family home in Calgary, you will be paying significantly less in property tax than if you have an average single family home in Toronto. Likewise with commercial property. Vancouver enjoys extremely low rates, thanks to several factors including their sky high property value. Throw in multiple municipalities in relatively small geographical areas, a non-existent snow removal budget, and a questionable lack of commitment to tackling a housing crisis, and sure the tax rate is low. But a paper napkin comparison in like-for-like houses tells you that you’ll actually pay more dollars in Vancouver.
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You can't be serious?
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