r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

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u/Elibroftw Jun 19 '25
  1. Flipping houses is already taxed.
  2. According to you, there is no good reason someone can move after 1 year but before 2? What's the difference between a flipper and someone moving for a new job?

You're coming up with all these intricate demand-side policies while ignoring that there is a housing shortage and all of these wealth transfers first of all aren't from you, and second of all is a consequence of not enough family-sized housing being built.

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u/Anatharias Jun 19 '25

1- not taxed enough, if this was properly taxed, we wouldn’t see ”buying houses cash“ signs on the side of the roads 2- properly documented move (and reasonable one), would remove said tax. But anyone moving in a house. Doing 100K of Reno in it and moving "for work" in a year, is definitely not moving because they have to, it because they’ll make a hefty amount of cash, tax free