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House sale tax opposed" y0 h( _( [" h4 M/ n
Real estate board pans possible 1% municipal surtax to support infrastructure projects
& Z- V$ X+ a6 YRon Chalmers, The Edmonton Journal3 {5 j+ f. a: r0 W* [7 T" z7 O( a- y
Published: Thursday, April 19, 2007
5 ]9 @ R: }+ h, c. LEDMONTON - A proposed property-transfer tax would reduce affordability by boosting the cost of an average Edmonton house by $4,000, says the Edmonton Real Estate Board.2 V! I$ M+ G+ [- ]
5 M1 h1 A- u2 y1 Q"This is a home-buying tax," EREB president Carolyn Pratt said Wednesday in a news release.
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' _! M& l" y: M- u& d) |: f- g: f( `"It is patently unfair to ask home buyers to pay for municipal services which would benefit the entire city." |
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