If only that could be done.
Not sure about the legality and constitutionality of banning short term rentals properties completely in the city.
Toronto Mayoral Candidates
- Thread starter Darts
- Start date
Not sure about the legality and constitutionality of banning short term rentals properties completely in the city.
Um, what you can do is tax the speculation hell out of them. But more importantly hold them to the same safety and inspection standards as hotels. And make sure condo boards are aware of their existence. Many don't allow them. Add in a licensing system that is onerous if the owners don't live on site. With direct contact laws in place so owners can't hide behind the internet.
Death by 1000 cuts.
What I also found astonishing is that only 2000 or so properties were declared as vacant in Toronto's vacant property attestation form by Toronto property taxpayers.
These monetizers of housing will do anything to avoid paying what they should pay.
One thing I'm in favor of is hiring a crapload of inspectors and investigators to go after them. They have to advertise so they can't hide. And the thing is I don't think it will affect property much. Just open up the market.
Another thing the city should do is give tax incentives to more basic builds. There is too much emphasis on upgrades that price people out.
A crapload of inspectors will cost a crapload of money.
Tax incentives for more basic builds will also cost a crapload of money.
Noting your history of support for fiscal conservative policies and support of Ron Ford and John Tory and their repeated and historic aversion to raising revenue that is needed to address dire and even functional issues in Toronto, are you now saying that we actually need to pay for what we want and need?
The inspectors will be a lot cheaper than building and running them. Same with encouraging basic builds as starter homes. Do you know what contractors with change to build for the city?
Who would declare their property vacant if it means you're paying a new tax on it?
It might also boost the hotel and motel industry. However, I agree with Anbarandy's comments regarding it's legality and constitutioality.
Well all I can say Lord help Toronto if Olivia gets in. She is going to kill us with the taxes.
But non of them are saying where they going to get the money. They all keep on saying raising TTC fares, more taxes but they are saying cut cut cut no raise no raise. Toronto workers and councillors get paid very well mean while people are struggling with 3 jobs to stay alive. Maybe we should file bankruptcy and have the US pick us up.
But non of them are saying where they going to get the money. They all keep on saying raising TTC fares, more taxes but they are saying cut cut cut no raise no raise. Toronto workers and councillors get paid very well mean while people are struggling with 3 jobs to stay alive. Maybe we should file bankruptcy and have the US pick us up.
They will ALL raise taxes if they win. It's only a couple that are honest about it and admit they will.
Canadians can talk until they are blue in the face about budget cuts and balanced budgets, but when it comes time to cut programs they raise a fuss. Canadians like their social programs.
I know what is your problem. Finally!!!! You're not Canadian or at least Ontarian. You can't possibly be and say something that nutty.
ROTFLMAO!!!
Transit, transportation, health, housing and social services are all provincial responsibilities.
Municipalities are the provincial creation in Ontario. The Queen's Park can do what it wants as it did when it chopped the Toronto's Council and last month when it took apart Peel. OK? There's no taking on anybody on the provincial level by a mayor of any municipality without adverse consequences for the city. The City and the Queen's Park need to cooperate, above all.
The crackhead killed transit city, which would have been paid by the province and gave us a $3 billion subway station that has yet to be built and a tax increase we are paying to pay for it.
Tory's back of the envelope plan is run by Metrolinx, its provincial yet Tory made a deal for the city to pay for it.
Idiots.
ROTFLMAO!!!
No shit, Captain Obvious.
And we have and are still suffering the vengeful consequences of a thug premier still unable to cope with the humiliation he experienced with his bro Rob when they were thrown into the garbage pile by the residents of Toronto.
