Dear Editor:
I am flabbergasted at the huge increase in property assessments. We live in an older, 1,045-square-foot townhouse and we have been assessed a value which is some six times higher than all the previous years assessment amounts.
All in one year! I know that B.C. is a rip-off province and taxpayers are being milked for all they are worth by an uncaring government who seems to be more concerned in the financial rewards of foreign millionaires investing in our real-estate market than in Canadian families.
They in turn will flip their purchases, realizing a nice profit making thus the price of homes even more unaffordable for average Canadian families. With the destruction of affordable housing and the stratospheric home prices, I foresee our homeless industry becoming even larger.
At election time, watch how these assessments, besides other things, will come down to more reasonable levels.
John Bueno
North Vancouver
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