Empty homes tax a sensible property levy for Vancouver

Thomas Davidoff, executive director of the centre for urban economics and real estate at UBC’s Sauder School of Business, wrote an op-ed for the Vancouver Sun about Vancouver’s new empty home tax.

“Owners of empty or vacation homes will face increased taxes. The proceeds will be used to make housing more affordable for people who live in Vancouver. I hope this will be done in a way that helps the whole workforce,” he wrote.

The story also appeared in The Province.