Which is one reason why condo ownership is so ubiquitous there. | Hacker News

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		snrplfth on Nov 11, 2016 \| parent \| context \| favorite \| on: Vancouver plans to tax empty properties 1% of thei... Which is one reason why condo ownership is so ubiquitous there.

nickff on Nov 11, 2016 [–]

Yes, the tax on 'passive income' discourages apartment buildings.

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