Vancouver’s empty homes tax to be self-declared, up to two per cent of value

The tax on the city’s 10,800 known empty homes will increase costs for foreign buyers and owners who have helped make the west coast city Canada’s most expensive property market. It could also send investors elsewhere. http://www.theglobeandmail.com/real-estate/vancouver/vancouvers-empty-homes-tax-to-be-self-declared-up-to-two-per-cent-of-value/article31877255/