UBC economist blasts Vancouver’s empty home tax

Vancouver Courier published a Business in Vancouver story that featured an interview with UBC business professor Tom Davidoff. He says the City of Vancouver’s proposed empty homes tax is not enough.

“The mayor said something very dismaying at his press conference, which was that this is going to be on 12 months’ vacant properties. You might as well call it an Airbnb subsidy instead of a vacancy tax,” he said.