The Shannondale (née Electrohome, 152 Shanley St) | 8 fl | U/C

[tomh009]

This isn't really a problem caused by zoning rules, or by capitalism, or by poor city planning, even if all of those have their own issues.

This is a problem caused by a poorly-designed tax sales process governed by the Municipal Act, which prevents municipalities from effectively controlling the process.

The core of capitalism is private ownership. The issue with the electrohome building is two fold.

Yes, it's true that if we (expropriated all land and buildings, and) got rid of private ownership of land and buildings altogether, we would be able to avoid this issue. I can't argue with that.