Conversations That Matter: In Vancouver, a real estate tragedy unfolds

The tax upon tax upon tax that was implemented to make housing in B.C., and in Vancouver in particular, affordable is having the opposite effect. It all started with the City of Vancouver’s empty home tax which was designed to bring up to 10,000 empty homes into the rental market.
The prediction appears to have significantly missed the mark. Currently the City of Vancouver has devoted more than $10 million to a program that may turn a few hundred empty or under-utilized homes int