Douglas Todd: Tax avoidance behind Metro's disconnect between housing, income
After census figures this week revealed alarming gaps between housing costs and average incomes in Metro Vancouver, veteran real-estate analyst Richard Wozny is preparing a speech for B.C. politicians that blames the disparity is in part on tax avoidance.
A reason why residents of Metro Vancouver municipalities with expensive housing tend to report lower incomes than people in less-costly municipalities is that many of the former avoid declaring their total wealth, said Wozny, whose company has
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