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.

  •  Zagorath   ( @Zagorath@aussie.zone ) English
    5•1 year ago

    The title has been edited on the ABC, and the new title is a pretty perfect summary of what I think almost anyone would have intuitively understood:

    could improve Australia’s housing crisis but isn’t the only solution