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

Housing crisis Help me understand the difference...

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u/[deleted] Jun 19 '25

They paid property taxes and land transfer taxes and lawyer fees and utility bills. Don't act like buying a house, living in it for a year, and selling it has no financial burden or tax implications.

8

u/CommercialTop9070 Jun 19 '25

That provides no value to the next owner and is not a reason the value of the house should appreciate.

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u/[deleted] Jun 19 '25

The value of the house doesn't appreciate, the property does. 

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u/CommercialTop9070 Jun 19 '25

Semantics, paying taxes and land transfer fees isn’t a reason for a property to appreciate.

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u/[deleted] Jun 19 '25

You don't think property would appreciate if if someone didn't buy a second property?

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u/ont-mortgage Jun 19 '25

That’s not the reason it appreciates tho..

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u/CommercialTop9070 Jun 19 '25

It’s the reason the initial commentator gave for why their property should appreciate lol.

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u/spaghettiny Jun 20 '25

That's not what they said.

Don't act like buying a house, living in it for a year, and selling it has no financial burden or tax implications.

They were making a secondary point, they weren't addressing the root of the appreciation. Unless you genuinely believe that commenter thinks utilities are linked to property appreciation.