Post

Dan Peterson
@danp.net

Key findings: CAP shifts the tax burden onto non‑capped properties The gap between market and taxable values is widening CAP creates substantial inequities among homeowners New buyers face “tax shock” Rental market inequities are significant CAP benefits are unevenly distributed

Dan Peterson
@danp.net

District‑level disparities are pronounced “The CAP discourages buying, selling, and renovating due to the loss of eligibility, reducing market mobility and potentially suppressing deed transfer revenue.”

Abolish This
@abolish-this.bsky.social

Yeah, I was going to say, I'm glad they're starting to recognize how bad it is, but what could they possibly do about it? Publicly write a letter and bait the province into sticking its fingers back into the city more in retaliation to try to swing public opinion against HRM arguments?