Get ready to pay 1% of your property's assessed value if you leave it empty

(November 10, 2016)

The City of Vancouver announced the details of the empty home tax which will take effect January 2017.  “Vancouver is in a rental-housing crisis,” Robertson said. “The city won’t sit on the sidelines while over 20,000 empty and under-occupied properties hold back homes from renters.” 

The measure is among efforts to make housing more accessible and affordable in Vancouver, ranked the world’s third-mo... read more.