Proposed speculation tax will dissuade Albertans from buying property in B.C.: survey - News Summed Up

Proposed speculation tax will dissuade Albertans from buying property in B.C.: survey


's proposed speculation tax will not only dissuade Albertans from buying homes in that province, but might even incentivize those who do own secondary homes there to sell, according to a survey of Royal LePage realtors. But, the real estate agency said their survey of realtors in the two provinces found it will instead primarily target homeowners in Alberta and B.C. recreational properties would decrease, and 75.6 per cent stated that Alberta's who own property in B.C. Phil Soper, CEO of Royal LePage, said the proposed speculation tax will dissuade Albertans from buying homes in B.C. Soper said he doesn't think the changes to the proposed tax will impact how Alberta realtors see its effects.


Source: CBC News March 29, 2018 13:30 UTC



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