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from the for-$10K/year-I'll-make-a-house-look-lived-in dept.
Vancouver, suffering from a near-zero supply of homes available for rent, plans to slap investors sitting on vacant properties with a new tax in an effort to make housing more accessible in Canada's most-expensive property market.
The levy, which would start in January, may be as high as 2 percent of the property's assessed value, Kathleen Llewellyn-Thomas, the city's general manager of community services, told reporters Wednesday. That would mean a minimum C$20,000 ($15,000) annual payment for the typical C$1 million-plus detached home in Vancouver based on July 2015 assessment data, the most recent available.
"Vancouver is in a rental housing crisis," said Mayor Gregor Robertson, whose announcement follows a separate measure by the province in July to impose a 15 percent tax on foreign buyers. "Dangerously low vacancy rates across the city are near zero."
Vancouver is penalizing property owners for not renting empty buildings.
(Score: 2) by edIII on Saturday September 17 2016, @01:24AM
Hah!
Well, if things continue the way they are, you will not have to worry about us living on separate planets. We'll most likely be dead in the ensuing civil war.
The sad part is, you don't have to trade insults. Just support a living wage, which is not some socialist ideal at all. It's the simple request that a day's work, by anyone, provide them with a minimum standard of living.
Who would want to live on your shitty planet anyways? The elites will rule over a slave class below just like this planet, since you will not change a damn thing will you?
Yeah. I really wish I could send you all to another planet and let the rest of us here willing to live in harmony and peace alone from you barbaric empathy-less wastes of flesh.
Technically, lunchtime is at any moment. It's just a wave function.