Canadian Champion (Milton, ON), 4 May 2017, p. 7

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SOMEWHERE OVER THE RAINBOW: Chamâ€" pion reader Shawna Reeve snapped this panâ€" oramic photo of a double rainbow from her condo located on James Snow Parkway and Main Street following last Thursday‘s storm. Do you have a unique, interesting, fun or cute photo taken in Miltun that you would like to submit to be considered for Snavshot? Send submissions (miniâ€" mum 600 KB resolution) to editor@miltoncanadiâ€" anchampion.com or use the hashtag #MiltonChamâ€" pion on Instagram. Please include the name of the photographer (for publication) and a description of the photo including the location where it was taken Insidehaiton.com | LTOZ ‘p Aemw | i MMM | NOIIJWVHJI More must be done to level the playing field for area home buyers Dear Editor, The Ontario government has taken | halfâ€"hearted steps to affect house prices. The foreign and absentee buyers may be part of the probâ€" | lem in Toronto, but the two biggest contributors to insane home prices in areas like Milton have not been addressed. Foreign buyers should not only pay a higher tax on the sale but should | also have to pay two or three times as much in property taxes. This will help municipalities, as property taxâ€" es must be paid annually unlike the other tax, which is paid only once. That oneâ€"time tax may deter some | foreign buyers, but not the buyers who pay hundreds of thousands above the asking price. | 1 believe the speculators to be the biggest problem affecting the curâ€" rent market. | the power to bring prices down. | To discourage speculation, secondâ€" ary mortgages should be tightly controlled and the minimum down payment required for any nonâ€"prinâ€" | cipal residences should be raised to 50 per cent. This measure alone has | The unfair practice of multiple bidâ€" ding created by the real estate inâ€" dustry also needs to be addressed. | The selfâ€"regulation by this industry | is a farce. It fails to provide a level | playing field for the buyers. I believe it should be mandatory | for a seller to respond to the first offer before entertaining any othâ€" ers. Multiple bidding is reasonable only if the buyer knows what the other buyer is offering. Without this | | information, the odds are stacked against the buyers. Alternatively, bidding should be | gold and other commodities. | Without further reform, the other | measures will only have a tempoâ€" rary and small impact as they did in | Vancouver. l In the absence of other measures, home prices in Vancouver have | bounced back and I| suspect they | will here in Milton and across the Greater Toronto Area. open and let everyone compete, as | they do in buying stocks, securities, Sukhdev Walia, Milton LetRBrS The Champion welcomes letters to the editor. Letters should be no more than 300 words. We reserve the right to edit, revise and reject letters. Letters must be signed with first and last name for pubâ€" lication, and the address and the telephone number of the writer included for verification purposes only. Email yours to NO MATTER YOUR NEEDS, THERE‘S A FORD FOR YOU or send by mail to 555 Industrial Dr., Milton, Ont., LIT 5E1. Eallin jera» a mce ploce to do business 655 MAIN STREET EAST, MILTON www.gallingerford.com 905â€"875â€"FORD (3673)

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