Our Soapbox Social panel, Mo Amir and Kyla Lee, weighs in on B.C.’s home-flipping tax, highlighting its significance as a step towards addressing the issue while raising questions about whether it can curb housing speculation and make homeownership more accessible.
“They see housing as an investment and at the end of the day, this isn’t stopping the way that property values are continuing to increase, or stopping the way the market continues to be unaffordable for most people. I’m underwhelmed. I think we need aggressive measures and I don’t think this is even close to what we need to stop the soaring costs of living in this province.”