this post was submitted on 21 Mar 2025
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First time home buyers will not be charged GST (5%) when buying a home, as long as the place they're buying costs less than $1M. This means that people buying a home for the first time will save up to $50k on their purchase.

Edit: Note, GST is mostly only charged when buying newly built homes, so this won't have any effect for people buying used homes.

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[–] [email protected] 29 points 1 week ago (38 children)

Same shit different PM.

These people don't have the fucking cojones to do the right thing and just make foreign ownership of residential homes illegal. And make it illegal to have investment vehicles based on residential properties like ETFs. And straight up make it illegal for a publicly traded company to own residential property. And limit ownership of residential properties per person. And ban AirBnB and the like.

But nooooo. Just make it even cheaper for the already wealthy people to buy even more peppery.

[–] [email protected] 12 points 1 week ago (1 children)

"Why won't the liberals deliberalize the economy?"

[–] [email protected] 1 points 1 week ago

lol. Nice one.

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