POLL: Do you support a speculation tax on vacant homes in Greater Victoria?

POLL: Do you support a speculation tax on vacant homes in Greater Victoria?

  • Jan. 22, 2019 3:30 p.m.

Homeowners have begun to receive letters asking if they should be exempt from the speculation tax. Owners of homes in which they do not reside and aren’t rented out for at least six months a year are subject to the tax, which is calculated at 0.5 per cent of a home’s assessed value.

Do you think the speculation tax will help make housing more affordable in the province’s hot housing markets? Take our poll and let us know what you think.