Quote:
Originally Posted by Derek Sutton
And those with limited income; Not enough homeless seniors, jacking up property taxes will create some.
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You are correct there are not enough homeless seniors. They have the lowest rates of poverty of any age group within Canada.
Seniors who own their homes are among the wealthiest Canadians. As they sell their homes it’s a massive wealth transfer from current buyers to those leaving the market.
Home owning seniors should be the last people we consider when we make policy.