Vacant home tax would tap into Saint John ‘gold mine,’ says councillor - New Brunswick | Globalnews.ca

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Vacant home tax would tap into Saint John ‘gold mine,’ says councillor

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Hayes noted that 70 abandoned properties account for half a per cent of the primary rental market, saying while it may not seem significant, the city has an ultra-low vacancy rate.Murtaza Haider, a professor of data science and real estate management at Toronto Metropolitan University, said the tax could help but is not a cure-all.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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. . this is a Marxist tax grab . . an attack on personal wealth and individual savings . . its unfair . . its an initiative killer . . but most of all . . its just lazy . . 👎

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