High-Speed Rail and Housing Market Dynamics

This chapter explores the contentious debates around high-speed rail development in Canada, focusing on financial disparities between provinces and the skepticism regarding its feasibility. The discussion also intertwines with recent changes in Nova Scotia's property transfer tax regulations, examining their impact on non-resident buyers and the local housing market. By comparing international transit systems with local real estate issues, the chapter offers insights into the broader implications of government spending on infrastructure and its effects on affordability for residents.