By CBC News, June 22, 2016
“Vancouver housing is first and foremost for homes, not a commodity to make money with.”
Mayor Gregor Robertson has announced Vancouver will move forward on taxing empty homes as the affordability crisis grows larger and rental vacancy rates shrink to unprecedented lows.
“Vancouver housing is first and foremost for homes, not a commodity to make money with,” he said. “We need a tax on empty homes to encourage the best use of all our housing, and help boost our rental supply at a time when there’s almost no vacancy and a real crunch on affordability.”
