A new exemption to Vancouver’s Empty Homes Tax is being applied retroactively, which will see $3.8 million, much of it already collected, returned to property developers.
A new exemption to Vancouver's Empty Homes Tax is being applied retroactively, which will see $3.8 million, much of it already collected, returned to property developers.
Vancouver's empty homes tax is intended to bring vacant units onto the rental or sale market, and targets properties that are unoccupied for more than half the year.
Vancouver’s empty homes tax is intended to bring vacant units onto the rental or sale market, and targets properties that are unoccupied for more than half the year.