Could a vacancy tax solve Australia's housing crisis? Canada might have the answer
www.abc.net.au
In 2018, Canada's British Columbia introduced a tax against vacant homes. Three years later, more than 20,000 rentals were back on the market.

My first instinct is “yes” but then I thought about it and I think it’s just going to exacerbate the short-stay problem unless combined with other measures.

  • lasagna@programming.dev
    28·
    1 year ago

    I quite liked Wales’ approach of taxing second homes significantly more.

    A large part of Wales’ housing issue comes from English retirees buying up holiday homes. To the point people were accusing the government of discriminating against English people for the tax against properties that aren’t main residences.