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.

  • @Tavarin
    5•1 year ago

    We tried that in Canada, housing in small towns just shot up to super expensive as well, and it’s now just expensive everywhere.

    • TheHolm
      0•1 year ago

      In this case only answer is more houses. And lowering building code, so building for new house does not mean you have to pay mortgage for next 25 years.