Gregor Robertson wants premier Christy Clark to implement a tax on vacant residential homes but if that does not happen by August 1 then the city may decide to go it alone.
The mayor says that those who leave homes empty are treating their properties as a business asset and should therefore be taxed along the same lines that businesses are.
However, the provincial finance minister Mike Jong issued a statement which suggests that the city will not need to be a lone wolf on the matter: “We applaud the City of Vancouver for considering options to improve the low vacancy rate for rental accommodation. It’s essential that the local government, the provincial government and the federal government work together on this issue.”
How to Okanagan Investment Revenue Commercial Real Estate Kelowna Penticton Update Raymond MAASKE 250.878.2218 Investment Real Estate Expert
Investment, commercial, revenue, properties Real Estate, Penticton, Okanagan, Kelowna, Update, Market, How to,
Raymond MAASKE, is an accountant and licensed real estate broker with considerable experience in commercial and residential Real Estate. He has owned and managed a wide range of businesses and continues to build solid relationships with businesses and BUYERS & SELLERS.
Investment Real Estate Expert, TerraCorp Real Estate Services
250.878.2218 | RaymondMAASKE@gmail.com | TerraCorpRealEstateServices.com | Skype: raymond.maaske | Okanagan, British Columbia, Canada
Penticton BC demographics How to Okanagan Investment Revenue Commercial Real Estate