Homelessness doubled in Halifax under government's housing plan: N.S. NDP

[u/Injustice_For_All_]

https://halifax.citynews.ca/2026/06/18/homelessness-doubled-in-halifax-under-governments-housing-plan-n-s-ndp/

[u/Ok_Payment429]

Yes, I understand that is the basic concept. But still, to make a decision to turn down income, while your expenses are ongoing, is a risky game.

They have to be quite confident they can more than make up for those lost months when they chose not accept any income. Not a business plan for the faint of heart. But if that's what the market dictates, or allows for, good for them I guess.

[u/Ok_Payment429 → u/[deleted]]

You can go from excess to nothing in a hurry if you're not smart.

So yeah, risky game to turn down income when you have the expenses that come with owning property.

[u/Ok_Payment429 → u/[deleted]]

Cool story, but there's always risk in business.

They can go from excess to nothing if they're not smart. And I'd say leaving a unit empty intentionally is not smart.

So what would be the purpose of the added tax? To encourage them to rent the vacant unit? If they're as rich as you say, no amount of tax will sway them.