Dear Editor
Re: Volkow wants the madness to stop, Burnaby NOW, Jan. 8.
That picture on the front page tells the whole story. That is a house, a home sweet home, not an investment. In the latter part of the article you quote a regional assessor referring to the “strongest increase in value.”
A more accurate phrase would be “increase in price.” Price means money.
Value might mean something like usefulness, the kind of usefulness that Coun. Nick Volkow is talking about. A house where you can’t afford the taxes is a burden, not a value.
Albert Melenius, Burnaby
