September 20, 2016
Vancouver’s proposed empty homes tax would include secondary properties being booked on the vacation rental website Airbnb, with the maximum fine for people who evade the levy set at $10,000. New details of the tax emerged on Tuesday, when council voted to push ahead with public consultations. Mayor Gregor Robertson stressed the aim was to free up supply in the city’s crunched rental housing market. “Ultimately, the goal is to get thousands of units back into rental housing at a time when it’s almost impossible to find a rental home,” Robertson told council….
Source: http://www.macleans.ca/news/vancouver-empty-homes-tax-targets-airbnb-rentals/
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