Why Don't Vacant Home Taxes Work?

Cities across Canada are implementing vacant home taxes to address the issue of homes sitting empty. These taxes aim to encourage owners to sell or rent out their vacant properties. Economist Mike Moffatt and journalist Cara Stern discuss the challenges in implementation of these taxes including issues with reporting and enforcement. Studies have shown that these taxes have had a small but positive impact in getting homes back on the market, without slowing down housing construction. Hosted by Mike Moffatt & Cara Stern & Sabrina MaddeauxProduced by Meredith MartinFunded by the Neptis Foundation https://neptis.org/