Vancouver Sun: More than 1 in 10 Vancouver condos sit empty

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March 09, 2016 | Vancouver Sun | Matthew Robinson, Rob Shaw and Joanne Leeyoung

Quoted from the article:

NDP housing critic David Eby said the vacant housing numbers are another reminder that the B.C. government should be following the advice of academics and taxing vacant properties.

“Absolutely, they should be implementing the vacancy tax,” he said, adding the province should also amend the Vancouver Charter so the city could address the issue.

“I am very grateful that the city continues to push on this issue because whatever the number is, whether it’s 7 per cent, or 12 per cent or 5 per cent, we need those units in circulation as either housing for purchase or rental,” Eby said.
Read more: http://www.vancouversun.com/business/affordability/more+than+vancouver+condos+empty/11770403/story.html#ixzz42QerkhD2