Many of the times I’ve heard this sentiment, it’s been to either ban Mom&Pop landlords, or ban rental houses completely. These options seem to benefit potential homeowners by screwing over renters. I’m not sure if you mean something different?
Vacant House Taxes have been tried throughout Canada and are generally ineffective. They are just a distraction.
The main reason why they don’t work is fairly obvious: Why would someone own property to keep it vacant?
Sure, there are some people with vacation homes, or second homes where they frequently visit (heck, I might have to get an apartment where my office is located now we’re being forced to return to the office). Oh the Urbanity has a great video where they point out the vast majority of “Vacant Homes” are either students who don’t permanently live there, in the process of a move, under renovation, etc.
I think we also need to discount and ease new construction - NIMBY bullshit shouldn’t be allowed to prevent densification and we either need direct subsidies or material subsidies of construction materials.
We need:
-limit 1 house per family
-serious rent control
-4-storey apartments built owned by the public and cooperatives
-Stronger renter protections
Can you explain what you mean by
Many of the times I’ve heard this sentiment, it’s been to either ban Mom&Pop landlords, or ban rental houses completely. These options seem to benefit potential homeowners by screwing over renters. I’m not sure if you mean something different?
-Aggressive tax on empty properties/units
Vacant House Taxes have been tried throughout Canada and are generally ineffective. They are just a distraction.
The main reason why they don’t work is fairly obvious: Why would someone own property to keep it vacant?
Sure, there are some people with vacation homes, or second homes where they frequently visit (heck, I might have to get an apartment where my office is located now we’re being forced to return to the office). Oh the Urbanity has a great video where they point out the vast majority of “Vacant Homes” are either students who don’t permanently live there, in the process of a move, under renovation, etc.
Government can do this tomorrow but it will never happen.
He’s regime whores who will do policy that hurts their owners.
I think we also need to discount and ease new construction - NIMBY bullshit shouldn’t be allowed to prevent densification and we either need direct subsidies or material subsidies of construction materials.
When new builds are all mcmansions from developers with deep, unethical, ties to politicians it doesn’t really help much either.
Looking at you Doug Ford.