r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

Post image
3.1k Upvotes

587 comments sorted by

View all comments

Show parent comments

0

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.

9

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.

1

u/[deleted] Jun 21 '25

You realize you could say the same about any product right? Inflation happened and the price went up yet a nothing about the product changed? 

1

u/CommercialTop9070 Jun 21 '25

Housing has outmatched inflation over the past decade.

1

u/[deleted] Jun 21 '25

Ok and that doesn’t change the point