Tag Archives: foreign buyer tax

UBC prof behind Speculation Tax says it doesn’t actually target speculation

By Drew Penner Ask University of British Columbia professor Tom Davidoff where the provincial NDP’s new housing tax came from, and he’s quick to take credit. Just don’t try to pin the “speculation” angle on him. “I was like the

Foreign buyer tax stabilizes Metro Vancouver home prices – 2018 BC property assessment

By ThinkPol Staff Home prices in areas subject to British Columbia’s foreign buyer tax stabilized while the real estate market frenzy continued unabated in other parts of the province, according to a preview of the 2018 property assessment. Typical detached

BC government investigating North Van developer’s foreign buyer tax avoidance scheme

By Amy Chen British Columbia’s Ministry of Finance is investigating a foreign buyer tax avoidance scheme run by a North Vancouver developer uncovered by ThinkPol on Sunday, a ministry official confirmed today. “Our government is committed to making sure our

North Vancouver developer advertising in China scheme to skirt foreign buyer tax

By Amy Chen A North Vancouver developer is advertising in China a scheme to circumvent Lower Mainland’s 15% foreign buyer tax on real estate through a rent-to-own arrangement. “Did you know you can buy a house in North Vancouver one