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.

  • Rusty Raven
    1•1 year ago

    I don’t see inheritance as a right, and I definitely don’t think the kids having a small amount of tax owing on the house they inherit as “penalisation”.

    Any tax change will involve some changes in who and how much people pay and needs to be handled carefully, but protecting inheritances should come far below paying for services: things like hospitals, schools and nursing homes. The next gereration will hurt a lot more from proposals like an income tax levy, and that will also hurt those who are not priveleged enough to inherit a house.

    • @[email protected]
      1•1 year ago

      Yeah i don’t think this is going to be the revenue stream you think it is. We’re better served removing fuel excise and other business tax breaks to raise funding