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Thread: Vancouver empty house tax in effect.

  1. #1
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    Default Vancouver empty house tax in effect.

    http://vancouver.ca/home-property-de...homes-tax.aspx

    https://www.bloomberg.com/news/artic...s-housing-woes

    In addition to the 15% foreign buyers tax upfront, there is now a 1% per year tax if empty. That's an extra $30,000 yearly tax on an empty $3 million Vancouver house.

    Still, its just money. And if Trump declares war on the world (with a 35% border tax) that yearly fee may seem nearly insignificant.
    Cocoa $12,000 per ton.

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    The border tax is way over-rated as a tool for a trade war. It's basically a lot like a VAT tax.

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    It's a step in the right direction for the main lander students/home makers.

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