December 2016

Vancouver's announces Empty Home Tax (EHT)

Posted on Dec 14, 2016 in Real Estate News and Notes

In a city with serious housing challenges, Vancouver introduced the Empty Home Tax to start next month (January 2017) to address the shortage of rental properties. This made Vancouver the first city in Canada to impose a tax on vacant homes. The goal? To get more rental units on the market by encouraging owners not to leave their homes empty.

What I...

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