Toronto just started last year. 1% of the assessed property value, per year. The... | Hacker News

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		jeromegv on Oct 12, 2023 \| parent \| context \| favorite \| on: Millions of Homes Still Being Kept Vacant as Housi... Toronto just started last year. 1% of the assessed property value, per year. They just voted yesterday to increase to 3%.

etimberg on Oct 12, 2023 [–]

Good! I'm in toronto and the real estate market is insane even after interest rate hikes

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