The fact this has even been floated by the Liberal Government really concerns me, they deny they are going to implement it but they discussed it.

“Another idea that has emerged from housing town halls is a sliding scale on the Capital Gains Tax on the sale of principle residences. A 50% tax after one year of ownership, 25% after two years, 15% after 3 years, 10% after 4 years, 5% after five,” is the idea, which is pitched as a way to prevent house flipping.