Someone bought a century home in Saint John and is allowing it to rot. The buyer apparently lives in Toronto and doesn't care that the building is falling apart.
This is shitty. Someone has the money for "an investment", which means other people don't get somewhere to live.
Mill rate?
Common term. It means dollars of tax per 1,000 dollars of assessed value.
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@lemmy.ca
What's going on Canada?
Sorted alphabetically by city name.
Baseball
Basketball
Curling
Hockey
Soccer
Sorted by province, then by total full-time enrolment.
Rules
Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Provide sources when making a claim. Do your research or google it doesn't cut it. The one making the claim is responsible for backing it.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
go to feed...
Yes this is true everywhere in Canada. Property owners have very few obligations beyond mowing the lawn and paying property taxes which have shrunk by 70% since the late 90s relative to the sale price of a home. It's dirt cheap to own a property once you've acquired it.
Winnipegs mill rate is 12.9 today. In 2002 it was 29! Before that it was even higher.
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