On: Vancouver Tax on Empty Homes to Target Near-Zero Rental Supply

[dood]

I was curious so I did a quick bit of Googling:

Since 2013 councils can levy an “empty homes premium” of an additional 50% council tax [1]. No idea how many actually do.

The rate of unoccupied dwellings in London is 1.7% [2]

1. https://www.theguardian.com/society/2016/feb/21/tens-thousan...

2. http://www.emptyhomes.com/wp-content/uploads/2011/05/Empty-H...

[estefan → dood]

Empty homes is one thing. Taxing foreign investors would make a massive difference over night.