Could a vacancy tax solve Australia's housing crisis? Canada might have the answer
www.abc.net.au
In 2018, Canada's British Columbia introduced a tax against vacant homes. Three years later, more than 20,000 rentals were back on the market.

My first instinct is “yes” but then I thought about it and I think it’s just going to exacerbate the short-stay problem unless combined with other measures.

  • @[email protected]
    18•2 years ago

    Remove negative gearing and the capital gains tax concessions then let’s talk other measures.

    • @[email protected]
      6•2 years ago

      This.

      This is the easiest to administrate and provides the biggest benefit. This is the low hanging fruit.

      However, after Labors bloodbath when taking it to the election in… 2017 (?) it’s a political non-starter.