Premier David Eby has been clear that speculators are in his crosshairs, and with the 2024 budget his government has announced details of a new 'BC Home Flipping Tax.'
Ehh, I’m not so sure. If a majority of the houses are the market are ones that were flipped, maybe. But if they are significantly above average market rate to recoup the tax, they’ll probably have a hard time selling.
Ehh, I’m not so sure. If a majority of the houses are the market are ones that were flipped, maybe. But if they are significantly above average market rate to recoup the tax, they’ll probably have a hard time selling.