Tag #John Pasalis

What specific tax measures does John Pasalis propose to address Canada's housing affordability crisis, and how would these measures directly impact investor behavior and housing prices?

John Pasalis, president of Realosophy Realty Inc., proposes taxing investment properties to address Canada's housing affordability crisis. His report, "The Great Sell Off," argues that investor demand, not lack of construction, drove price increases exceeding income growth. This has led to declining homeownership rates, particularly among millennials and Gen Z.