In my opinion Vancouver home owners are getting taxed to death already! Unfortunately it’s probably only going to get worse. Looks like the Federal Liberal Government along with the expected support of the NDP are looking to increase our current 50% Capital gains tax rate up to 75%. Provincially the NDP just announced the allowable rent increase for 2021 at a pathetic 1.4% even though landlord holding costs are going up 3 or 4 times that much. Locally the City of Vancouver has announced double digit property tax increases moving forward.