this post was submitted on 20 Mar 2025
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Imagine if the public sector did this and didn't limit it to a single development.
We could even build bigger-than-tiny sized units. Maybe include additional amenities like schools and health clinics and food malls in the immediate vicinity. Throw in a rail stop so people can get to the metro center easily. You know... actual urban development.
No idea where we could get money for that, though. Maybe if Canada didn't exempt 50% of capital gains income from taxation for some reason... But no, that would never work.
My city built a bunch of these, but they are 10 ft x 10 ft pods. Hundreds of them. We still have 5-6,000 homeless living on the street. Our county has been handing out free tents for 8 years and guess what, didn't help.
Feels like now is the best time for other nations to have low capital gains taxes. No?