Sounds silly? Good. Now could we please stop calling appartments
condos! An appartment that is rented is identical to one that is
owned. Even worse, many of the condominium appartments are rented out!
A condo is an appartment. The fact that you pay money every month to a
bank (mortgage) instead of to an investment group (rent) is useless
And for those of you who think that ownership is inherently good,
please make a trip to New Orleans or Cleveland, Ohio.
By the way let us stop subsidizing home ownership (by allowing, for
example, people to dip tax free into their Registered Retirement
Saving Plan (RRSP)) or, as in the USA, by making mortgage interest tax
deductible). And if you are lucky enough to make $500,000 in profit
from the sale of your home, well, you should pay income taxes on that.
Maybe then I'd let you call your appartment by a different name.
Envoyé depuis mon iPod / Sent from my iPod touch.