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Vancouver empty home tax

Do they even know about the empty home tax in the first place?
 
It's publicized and people are supposed to do it, but it's on an honour system and I'm sure lots of morally-questionable owners (if they have heard of it) may just ignore it. It should be enforced it in a different way - maybe cross check with utilities companies about above/below average usage or something. I don't know!
 
anujoshi said:
It's publicized and people are supposed to do it, but it's on an honour system and I'm sure lots of morally-questionable owners (if they have heard of it) may just ignore it. It should be enforced it in a different way - maybe cross check with utilities companies about above/below average usage or something. I don't know!
Click to expand...

The City has a way of tracking these...there are penalties and fines for those who do not submit the declaration on time.
 
anujoshi said:
It's publicized and people are supposed to do it, but it's on an honour system and I'm sure lots of morally-questionable owners (if they have heard of it) may just ignore it. It should be enforced it in a different way - maybe cross check with utilities companies about above/below average usage or something. I don't know!
Click to expand...

They are definitely cross-checking with utility companies to look at daily usage and the timing of usage as well. My understanding is that city representatives are also visually looking for gardens, driveways, etc. that may provide the appearance of the house being uninhabited.
 
torontosm said:
They are definitely cross-checking with utility companies to look at daily usage and the timing of usage as well. My understanding is that city representatives are also visually looking for gardens, driveways, etc. that may provide the appearance of the house being uninhabited.
Click to expand...

But homeowners can hire people to trim, snow removal so as use technology to control the daily utility usage.
 
torontosm said:
They are definitely cross-checking with utility companies to look at daily usage and the timing of usage as well. My understanding is that city representatives are also visually looking for gardens, driveways, etc. that may provide the appearance of the house being uninhabited.
Click to expand...

You are correct. Bottom line is, the City is going after this pretty aggressively.
 
steaky said:
But homeowners can hire people to trim, snow removal so as use technology to control the daily utility usage.
Click to expand...

They can, and there are a number of companies that provide these services and more (e.g., they go into houses, turn on lights, turn on water taps, etc.). Personally, I think they should all be shut down and the owners/employees charged with attempted fraud. But that's just my opinion.
 
Do you think these people will pay? lol They can't even declare their status after the deadline was extended...
 
pie_vancouver said:
http://business.financialpost.com/n...g-canadian-homes-as-piggy-banks-rbc-ceo-warns
“If capital is coming in to sit in a home, unproductively, and is distorting your marketplace and the livelihood of your residents — no thank you.”
I say BS :mad:
These banks are the ones giving mortgages to rich students and homemakers, they are all complicit to this housing crisis.
http://i.imgur.com/ij1q5uU.jpg
Click to expand...

Perhaps they should now switch to using industrial, agricultural, retail and other Canadian non residential lands as piggy banks:

http://business.financialpost.com/r...-estate-is-pushing-companies-out-of-vancouver
 
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