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Last night Gregor Robertson defended Development Charge increases when he was Mayor saying “when market housing is selling at those rates, we may as well take some of that back into the public purse” He now has to get deals for 50% cuts to DCs Does he believe DCs... show more

Evan Scrimshaw

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40,925 görüntüleme • 1 yıl önce •via X (Twitter)

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Evan Scrimshaw profil fotoğrafı

Evan Scrimshaw1 yıl önce

This isn’t an academic question - it is government policy that DCs need to fall to lower the cost of Housing Gregor Robertson seems to be implying that house prices are what they are, and all that matters is how much money goes into Developers’ pocket versus the city’s

The Liberation Project profil fotoğrafı

The Liberation Project1 yıl önce

𝐖𝐞𝐚𝐥𝐭𝐡𝐲 𝐄𝐥𝐢𝐭𝐞 𝐅𝐞𝐚𝐫𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Scott Galloway, multi-millionaire professor, gives dire warning about the decline of American capitalism, expanding wealth inequality and far-right CEOs. ★ NEW ARTICLE ⬇️

Alex Cullen profil fotoğrafı

Alex Cullen1 yıl önce

Development charges pay for new infrastructure to support new housing. If the new homebuyer doesn't pay for this then who? Expecting municipal councils to raise property taxes to subsidize new infrastructure for new homebuyers is not realistic. #cdnpoli

Data Doge profil fotoğrafı

Data Doge1 yıl önce

We need to have a mandatory ECON 101 exam for all MPs. This new housing minister would have been screened out before he became a disaster.

Thomas Smithers profil fotoğrafı

Thomas Smithers1 yıl önce

Hate to say it but this guy seems like a bad choice.

Top #10^6 LinkedIn Expert 🐵 profil fotoğrafı

Top #10^6 LinkedIn Expert 🐵1 yıl önce

"The other countries will pay the tariffs" but maplely.

Andrew Gaucher profil fotoğrafı

Andrew Gaucher1 yıl önce

@EricDLombardi

Michael Wiebe profil fotoğrafı

Michael Wiebe1 yıl önce

To understand the effect of development charges, we need to understand tax incidence. S = supply of land. Because landowners have different reservation prices, this is not vertical (inelastic). At lower prices, landowners pull out of the market.

Stuart Wright profil fotoğrafı

Stuart Wright1 yıl önce

Govt shouldn’t try to make back more money from DC’s. That the value of the premises on the property increases doesn’t make the infrastructure more valuable. The cost of the sewers, electrical and other services to the property do not appreciate in value. There4 DC’s shouldn’t.

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Ezra Levant asks Pierre Poilievre "Back in May, Gregor Robertson, Mark Carney's housing minister, was asked if he wanted the price of housing to come down, and he said no." "How do you balance reducing the cost of housing for young families, but also protecting what may be the only nest egg for some seniors and boomers? Where do you draw the balance? How would you like to see pricing?" Poilievre "So, first of all, I just think we need to acknowledge that it is incredible that Mark Carney would pick Gregor Robertson as his housing minister." "After that, when he was the mayor, Vancouver's housing costs went up by 150%, driven almost entirely by municipal taxes." "So the guy who created the worst housing market in North America, forget Canada." "And what I'm saying is, let's cut the government cost out of housing." "Get rid of the sales tax, cut the development charges in half, speed up the permits, zero tax on reinvested gains." "If you get the government cost out of building homes, then the buyer, the seller, and the builder will all be winners at the same time." Pierre Poilievre Ezra Levant 🍁🚛

Ezra Levant asks Pierre Poilievre "Back in May, Gregor Robertson, Mark Carney's housing minister, was asked if he wanted the price of housing to come down, and he said no." "How do you balance reducing the cost of housing for young families, but also protecting what may be the only nest egg for some seniors and boomers? Where do you draw the balance? How would you like to see pricing?" Poilievre "So, first of all, I just think we need to acknowledge that it is incredible that Mark Carney would pick Gregor Robertson as his housing minister." "After that, when he was the mayor, Vancouver's housing costs went up by 150%, driven almost entirely by municipal taxes." "So the guy who created the worst housing market in North America, forget Canada." "And what I'm saying is, let's cut the government cost out of housing." "Get rid of the sales tax, cut the development charges in half, speed up the permits, zero tax on reinvested gains." "If you get the government cost out of building homes, then the buyer, the seller, and the builder will all be winners at the same time." Pierre Poilievre Ezra Levant 🍁🚛

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Good question "when Gregor Robertson was Vancouver mayor, the price of buying a house increased by 179% in one of the most expensive markets in Canada." "Why do you think someone with this track record should oversee the housing file?" "Is this a signal from you that you don't think housing prices should go down?" Carney "And I'm thrilled that he is in the, in the new role because he brings the type of experience that we need to tackle some aspects of this problem." "...But ultimately it's a question of supply."

Good question "when Gregor Robertson was Vancouver mayor, the price of buying a house increased by 179% in one of the most expensive markets in Canada." "Why do you think someone with this track record should oversee the housing file?" "Is this a signal from you that you don't think housing prices should go down?" Carney "And I'm thrilled that he is in the, in the new role because he brings the type of experience that we need to tackle some aspects of this problem." "...But ultimately it's a question of supply."

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