What to Expect from an Empty Homes Tax

Joint with Jens von Bergmann and cross-posted at mountainmath

Empty Homes Taxes are back in the news!

In a very short time period, we’ve got Vancouver raising its Empty Homes Tax rate from 1% to 3%, based in part on a report from CMHC about a sharp rise in condos on the rental market, we’ve got Toronto eyeing its own Empty Homes Tax, and now reports suggest that even Ottawa is considering getting in on the game.

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