Viewing profile — kspaans

#paid | https://hastagpaid.com/ | Senior Software Engineer | REMOTE CAN, USA the team at @hashtagpaid is hiring! Work with a friendly and passionate team, building 🇨🇦 Canadian Te…

I believe Stripe and/or has the same issue. One of the roasters I like to buy from in Toronto has beans from Cuba, but can't sell them online.

How does this work? The $2m valuation would be based on income from current tenants, would it not? Most rent control laws, and especially not the one in Oregon, don't retroactively…

Yup, this is how "rent stabilization" works in Ontario, Canada. When a tenant has a lease, rent increases are capped to a rate set by the government. When a tenant leaves, there is…

Here is Scarborough, an eastern suburb (with the suburban neighbourhoods you'd expect) in the City of Toronto. > Incidents in Scarborough have accounted for more than 46 per cent (…

Older buildings should sell for less, to compensate for this risk. If the mortgage payments eat up too much of the rental income then the owner overpaid, and should sell at a price…

That may be because you're competing against other owners who bought their houses for peanuts (relatively speaking) and thanks to Prop 13 also pay peanuts in property tax. They can…

The stormwater surcharge also help to nudge people whose property may contribute to excess runoff: large driveways, paved yards, larger houses, etc. This is currently a big problem…

Absolutely false. Land costs, permitting costs, zoning, permitting, etc all add up to the final cost of built housing. Developers build what's profitable, that's true, but they are…

That's how Canada does inheritance tax: "deemed disposition". There is no inheritance tax per se, but when you die you're assets are assumed to be sold at current market value and …

As you've alluded to, location is a factor. Specifically: the cost of land. Regardless of the price of building each square foot of housing, rising land values inflates the total c…

We've got a (mostly) Toronto-based (with worldwide representation too) Slack community if you'd like to join: https://techmasters.chat/ We have many candid discussions about career…

Yeah I hope we can eventually find a way to price these kinds of things more accurately. Like a sibling comment says: price in the externalities of low-density living and let those…

The problem is that due to the way most property taxes and house prices work those people are getting a free ride off of the prosperity of the city: a tragedy of the commons. Assum…

It's inevitable that land prices in urban areas will go up as populations grow. That doesn't mean that the price of housing has to grow too. You could build more density (build up,…

Fair point, but people tend to demand less space right? Is the average-sized rental affordable for the average income in the city? I've heard the relative affordability is better t…

One thing you still need to consider is infrastructure like water, sewer, schools, hospitals, etc. I agree it should be easier (and thus cheaper) for landowners to build what's pro…

One component of the problem is that "housing" isn't a free market. More specifically, if you buy a plot of land in nearly any city or town, you aren't free to build whatever you w…

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I studied at UWaterloo and had many internships from 2007-2010 for which I forget the pay I was making, but I remember all of my full-time amounts (I started with around 2 years of…

This is where multi-nationals like Amex come in handy. I'm Canadian and got my first Amex while living in the UK. Later when I moved to the US I was able to bring my Amex history w…

Possibly what the grandparent was thinking of is land values. If a neighbourhood is rezoned to allow more density, one would be able to build a duplex or low-rise condo/apartment b…

Make 10 other people 2X as productive!