Could a vacancy tax solve Australia's housing crisis? Canada might have the answer
www.abc.net.au
In 2018, Canada's British Columbia introduced a tax against vacant homes. Three years later, more than 20,000 rentals were back on the market.

My first instinct is “yes” but then I thought about it and I think it’s just going to exacerbate the short-stay problem unless combined with other measures.

    • w2qw@aussie.zone
      1·
      1 year ago

      I mean like do you have an alternative to taxes? The whole point of this is you’d pay less after the switch.

    • DogMuffins@discuss.tchncs.de
      1·
      1 year ago

      In the 80s I think there were a few proponents saying that a land tax could replace all other taxes. Very broad based and efficient.

      IDK if it was a good idea, it probably would’ve been good in the 80s IMO.

      However, completely retarded in the digital age. Productivity does not require land anymore.