If You Say ‘No’ To Another Home-Buyer Tax, Then You Need To Read This

Torontostoreys.com
June 1, 2018

If your voice says no to another home-buyer tax, the Ontario Real Estate Association wants you to use it to tell your local provincial candidates.

The Ontario Election is June 7 and housing affordability is a critical issue. (See the political leaders’ housing affordability plans here.)

Last week, York Region councillors demanded that the province give them municipal land transfer tax (MLTT) powers. As such, a second land transfer tax in York Region would add over $15,000 to an average-priced home.

OREA warns if the MLTT spreads to York Region, you can be certain that it’s coming to a community near you next.

“This is your chance to make a difference. Send a message to your local candidates running in the Ontario Election telling them to say ‘no’ to a second land transfer tax by visiting: https://www.keepthedreamalive.ca/takeaction.html ,” tweeted the Association.

OREA says, “Keeping the dream of home-ownership alive in our province starts with beating back the MLTT. Be part of the movement to protect the #HomeOwnershipDream and take action today.”