Shant K
@shantmtl.bsky.social
Urban Philosopher, Urban Development and Policy Expert, lover of Montréal.
I would argue in the same direction. Cutting GST on new homes will not incentivize developers to sell them cheaper. Since the problem is a shortage of supply, the prices will remain high until there is a non-market alternative. The revenue lost would be better used for creating non-market supply.
March 25, 2025 at 3:54 PM
I would argue in the same direction. Cutting GST on new homes will not incentivize developers to sell them cheaper. Since the problem is a shortage of supply, the prices will remain high until there is a non-market alternative. The revenue lost would be better used for creating non-market supply.