Well if property taxes go up so does your rent!...HaHaHa....

Let's go cheap:roughly,a $300k mortgage for 20 years at 5% is $2k a month.

You'll end up paying $500k for that $300k condo.
Say $300 a month strata fees is $72k. But it'll go up so lets say $80k.
Property taxes say $30k.

That $300k condo will cost you over $600k AND add on $10k or $40k or $100k or more to fix leaky roofs,fix the boiler,repaint the building etc etc so after 20 years you'll be paying $700k for it.
And you better start praying it has no leaks.

I pay $850 a month in rent at Metrotown, and invest $3k a month....
in real estate elsewhere on the planet.

$1000 a year more in tax, for an extra $200,000 in value... Yes please! Not sure what you're laughing at OP

Wait until Trump stiffs China on the American national debt.

Real estate prices will collapse like a house of cards, with foreign buyers deserting the "Golden Horseshoe Bay" like rats, lol.

Maybe you should understand how property taxes work before posting things that perpetuate falsehoods.
$1000 a year more in tax? You clearly have no clue.
OP isn't much better.
My home price increased substantially and my property taxes will increase by approximately 60$/year. If you had an out of norm increase (i.e., higher then you neighbors) then you might see a bigger increase.
Try reading up on topics before posting garbage.

Your math is plain wrong.

Property taxes are $200/year for my condo.

Strata builds a contingency fund so you never pay for repairs.

I paid off my 20 year mortgage in 10 years.

Have fun renting when you're in middle and old age and subject to the whims of all your landlords and roommates.

If home values go up 12% year over year, but the local government budget increases 2% year over year,

You aren't seeing a 12% increase in your property taxes, more likely the actual increase will reflect the increase in municipal spending.

We also have obscene subsidies for home owners, such as tax deferment for rich baby boomers and the homeowner grant.

homeowners seeing 12% 30% 50% increases in value of homes, have nothing to complain about - a lot of unearned wealth gained.

Ha! You're hilarious. The $1000 more per year reference is obviously written by someone who has property worth many many millions of dollars more than yours.

If, as you say, "My home price increased substantially and my property taxes will increase by approximately 60$/year"... so you live in a crappy shoe box worth a few hundred grand you idiot.

Try reading up on topics before posting garbage, indeed!