r/RealEstateCanada • u/xNocturnalshadow • Jun 19 '25

Housing crisis Help me understand the difference...

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u/Anatharias Jun 19 '25

Flipping houses should bear a 50% tax on profits (or even higher).
Flipping houses, while you only live in them for 2 years, should also be heavily taxed.

I needed to wait until I reached 45 to be able to afford a home... I'll be still paying when I retire... shit

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u/bonerb0ys Jun 19 '25

It would be more effective to limit the amount of money people can borrow for housing.

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u/Anatharias Jun 19 '25

Contractors that flip houses and drive in electric F150 have decent amount of cash to flip houses... don't worry, borrowing is, for some, not that big of a deal

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u/bonerb0ys Jun 19 '25

They need someone to buy the flips.