The case for an empty house tax
As NZ struggles to resolve its long-running housing crisis, investors should be taxed for keeping homes empty, Ranjana Gupta argues
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As NZ struggles to resolve its long-running housing crisis, investors should be taxed for keeping homes empty, Ranjana Gupta argues
British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty.
Gary Fowler still recalls the horror of seeing his mother Lilian's skin and hair attached to the coffee table. 'She had slipped in the front room,' he told Express.co.uk, 'but the doctor found her lying on the kitchen floor with a cracked eye socket and injured head.'
The government is currently consulting on whether to regulate holiday rentals commonly advertised on platforms like Airbnb.
Who owns the capital’s tens of thousands of uninhabited properties? And amid an affordable housing crisis, how can we get them back in to use?