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jmclnx
on July 24, 2021
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Empty storefronts are killing neighbourhoods
As I said in the past, when a rental property goes vacant and stays vacant for more than 1 year, the property tax goes up for 5 years minimum equal to the amount of the rent that was previously paid. Increasing 15% every year until rented.
This is for every unit that is vacant.
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This is for every unit that is vacant.