Property Transfer Tax exemption increases to 500M

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  2017-02-23 10:51:19


  • Forimmediate release

    Budget 2017—BCREA News Release

    Vancouver,BC – February 22, 2017. On the heels of multiple governmentannouncements in 2016 and early 2017, the British Columbia Real EstateAssociation (BCREA) welcomes the latest: an increase in the Property TransferTax exemption threshold for first-time buyers, announced in Budget 2017. Theincrease, to $500,000 from $475,000, takes effect today.

    BCREA appreciates this government’s attention to the needs offirst-time homebuyers. To keep pace with the dynamic real estate market andensure that homebuyers aren’t left behind, the Association strongly believesthat this threshold—and all others related to the Property Transfer Tax—shouldbe indexed, with adjustments made annually.

    During Minister de Jong’s budget consultation in January,BCREA recommended that the first-time buyer exemption be increased to $750,000.That number would align with the exemption for newly-built homes and with theBC HOME Partnership program. This measure would have expanded consumer choices,because the First Time Home Buyers’ Program exemption applies to all homes,rather than only newly-built homes, which are often out of reach of first-timebuyers.

    BCREA also looks forward to learning more about the provincialgovernment’s plans to partner with local governments to increase housingsupply. Specifically, the Association supports incentives that result in fasterhousing and development approval processes, as well as increased density offamily-oriented homes along transit corridors.

    For more information on BCREA’s recommendations on markethousing affordability, visit www.bcrea.bc.ca/govern...rdability.

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    文章评论

    1. zhangqian1890 说道: Re: Property Transfer Tax exemption increases to 500M

      2017-02-23 10:58:06

      写道:


    2. Forimmediate release

      Budget 2017—BCREA News Release

      Vancouver,BC – February 22, 2017. On the heels of multiple governmentannouncements in 2016 and early 2017, the British Columbia Real EstateAssociation (BCREA) welcomes the latest: an increase in the Property TransferTax exemption threshold for first-time buyers, announced in Budget 2017. Theincrease, to $500,000 from $475,000, takes effect today.

      BCREA appreciates this government’s attention to the needs offirst-time homebuyers. To keep pace with the dynamic real estate market andensure that homebuyers aren’t left behind, the Association strongly believesthat this threshold—and all others related to the Property Transfer Tax—shouldbe indexed, with adjustments made annually.

      During Minister de Jong’s budget consultation in January,BCREA recommended that the first-time buyer exemption be increased to $750,000.That number would align with the exemption for newly-built homes and with theBC HOME Partnership program. This measure would have expanded consumer choices,because the First Time Home Buyers’ Program exemption applies to all homes,rather than only newly-built homes, which are often out of reach of first-timebuyers.

      BCREA also looks forward to learning more about the provincialgovernment’s plans to partner with local governments to increase housingsupply. Specifically, the Association supports incentives that result in fasterhousing and development approval processes, as well as increased density offamily-oriented homes along transit corridors.

      For more information on BCREA’s recommendations on markethousing affordability, visit www.bcrea.bc.ca/govern...rdability.

      �U���


    3. 没啥影响
    4. damnff 说道: 无题

      2017-02-23 11:00:19

      政府这么说,郄会找藉口拒绝免税

      不要上当
    5. gisall 说道: 无题

      2017-02-23 11:00:44

      是500K, 不是500M啊!要不政府还能收到什么钱啊!
    6. RBCJASONWANG 说道: RE:

      2017-02-23 11:09:55

      gisall 写道:
      是500K, 不是500M啊!要不政府还能收到什么钱啊!

      500m = 500k
    7. RBCJASONWANG 说道: RE:

      2017-02-23 11:10:19

      damnff 写道:
      政府这么说,郄会找藉口拒绝免税
      不要上当

      try to take advantage of it asap. don't wait.
    8. eflee 说道: Re: RE:

      2017-02-23 12:53:01

      写道:
      gisall 写道:
      是500K, 不是500M啊!要不政府还能收到什么钱啊!

      500m = 500k


      这个幼儿园数数没学好 icon_mrgreen.gif
    9. Hstt 说道: 无题

      2017-02-23 13:01:48

      房价大涨30%,但这个PTT却涨2万5。。。 不如不涨。。笑死人了。。 去外面看看啦。。。 连一房的都卖超过50万拉。。
    10. 小闪 说道: Re: Property Transfer Tax exemption increases to 500M

      2017-02-23 15:11:37

      这题目好惊悚
    11. LovingHome 说道: Re: RE:

      2017-02-23 15:26:44

      写道:
      damnff 写道:
      政府这么说,郄会找藉口拒绝免税
      不要上当

      try to take advantage of it asap. don't wait.


      首户,申请PTT免额
      郄被告知拒绝申请,因为没有在其住址住满一年?
      GST的接受申请,省政府的不接受?
      不要被这些政客骗了

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