Photographer: Ben Nelms/Bloomberg

Vancouver Tax on Empty Homes to Target Near-Zero Rental Supply

  • Typical detached house could face minimum C$20,000 annual levy
  • More measures planned including tighter rules for Airbnb

Vancouver, suffering from a near-zero supply of homes available for rent, plans to slap investors sitting on vacant properties with a new tax in an effort to make housing more accessible in Canada’s most-expensive property market.

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