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Ed's avatar

Worth exploring for sure but over the last 10 years, property taxes and house prices have doubled. I don’t see a clear correlation between having high property tax resulting in lower price. I think the city ultimately has to spend its revenue more wisely, look at creating more development opportunities whilst shifting from a model where revenues are generated via development fees to one that is generated by property tax.

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Roy Brander's avatar

Can we bump up higher taxes on SFD to encourage multi-family? Lower taxes if you have more than 3 in the dwelling, to encourage basement rent-outs?

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