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Trudeau takes first step to break Canada’s addiction to rising home prices - The Globe and Mail
(www.theglobeandmail.com)
this post was submitted on 23 Sep 2023
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Is it going to be more rental properties? It's going to be more rental properties, isn't it.
That's not a bad thing. More units is more units. People need shelter. Not everyone wants to buy a house to get it. If we can build enough rental units to get the supply up, it will reduce the price of "substitute goods" like other types of housing. Plus, density is far more sustainable to build.
The bill removes GST from purpose built rental, so yes.
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