Builder Magazine quoted UBC economist Tom Davidoff for an article on the proposed vacancy tax in Vancouver.
The article explained Davidoff’s proposal, which would also tax people who under-utilized properties and those whose primary breadwinner paid little or no income tax in Canada.
“We talked to the city and they gave us a good listen,” he said. “I would hope that any vacancy tax would cover the bigger issue here which is not paying taxes here and not being a landlord [either].”
