More than speculation tax needed to address housing affordability, says expert - News Summed Up

More than speculation tax needed to address housing affordability, says expert


NDP Leader John Horgan touted the speculation and vacancy tax his party introduced in 2018, claiming the policy has already filled 11,000 vacant condos in the province. Liberal Leader Andrew Wilkinson told reporters he would eliminate the speculation and vacancy tax. "We're going to be talking about a complete overhaul of property taxation," said Wilkinson, calling Horgan's tax a "phoney speculation tax that doesn't actually address speculation at all." "It's an action that I think was needed years ago," he said of the speculation and vacancy tax. NDP Leader John Horgan says the speculation and vacancy tax has filled 11,000 vacant condos in B.C.


Source: CBC News September 26, 2020 11:00 UTC



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