this post was submitted on 13 May 2024
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Empty houses in the Metro Vancouver area have certinaly been an issue [source]. The B.C. Speculation and Vacancy Tax was implemented to discourage this behaviour [source]. Theoretically, it should also capture the negative impact that vacant housing has on society and the economy.
Has implementing the speculation tax lowered house prices in B.C.?
I would guess that it is extremely difficult to quantify how much of an effect the tax has had on the housing market. Anything beyond a guess, however, would be outside of my qualifications — I would defer to those who have looked into this more appropriately. After a very quick, and cursory websearch, I found a paper that stated the following:
So what were we talking about before you started trying to derail this conversation with endless questions?
Is that rhetorical? I don't understand the purpose of your seemingly condescending question.
Why do you constantly ask questions without adding anything to the conversation?
That's a loaded question; I disagree with the premise — I feel that I have provided useful information and context. You, however, have not provided anything but seemingly non-constructive and condescending content for your past 3 comments [1][2][3] in this thread.
What premise do you disagree with?
None of these replies are meant to be condescending, you’re correct when you say tone is hard to read through text.