Posted Jun 30, 2017, 5:33 PM
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Registered User
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Join Date: Feb 2009
Location: Vancouver
Posts: 22,286
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Number of empty homes in Vancouver hits record high
A City of Vancouver report to council shows 25,495 units were unoccupied or occupied by temporary and/or foreign residents in 2016.
The data reflects a 98 percent increase from 2001 when the number was 12,885 homes.The report was written by Gil Kelley, the general manager of planning, urban design and sustainability — with data collected from Statistics Canada. The purpose of the study was to establish the number of homes that could be impacted by the Empty Homes Tax (EHT) program.
The City of Vancouver voted to approve the EHT in May 2016 as a way to address the escalating crisis in housing. Every owner of residential property in Vancouver will have to make a property status declaration for the 2017 calendar year — with declarations due February 2, 2018..
http://www.cbc.ca/news/canada/britis...high-1.4175999
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