“We will tax speculation in our housing market. People who buy property in BC but don’t live or work here and leave their property empty will be charged a two per cent tax on speculation, with optional municipality participation. All revenue collected will go into our BC Housing Affordability Fund. ”
“We’ll close the loopholes that let speculators dodge taxes and hide their identities and we’ll require them to pay their fair share of tax on their empty houses through a yearly two per cent absentee speculators’ tax. ”
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