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Why an Empty-Homes Tax Doesn't Solve the Housing Crisis with Gherardo Caracciolo

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Manage episode 434456942 series 1155758
Content provided by C.D. Howe Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by C.D. Howe Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

If the goal of a vacant-homes tax is to improve housing affordability, it doesn't work. But if its goal is to improve housing availability, it does. That's the conclusion of a new C.D. Howe Institute report called "Ripple Effects: The Impact of an Empty-Homes Tax on Canada's Housing Market". The authors used Vancouver's 2017 empty-homes tax as a case study for implementing the tax across the country.

Michael Hainsworth speaks with Gherardo Caracciolo, one of the authors of the report, about the study and what it tells us about improving availability and affordability in the Canadian residential real-estate market.

  continue reading

149 episodes

Artwork
iconShare
 
Manage episode 434456942 series 1155758
Content provided by C.D. Howe Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by C.D. Howe Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

If the goal of a vacant-homes tax is to improve housing affordability, it doesn't work. But if its goal is to improve housing availability, it does. That's the conclusion of a new C.D. Howe Institute report called "Ripple Effects: The Impact of an Empty-Homes Tax on Canada's Housing Market". The authors used Vancouver's 2017 empty-homes tax as a case study for implementing the tax across the country.

Michael Hainsworth speaks with Gherardo Caracciolo, one of the authors of the report, about the study and what it tells us about improving availability and affordability in the Canadian residential real-estate market.

  continue reading

149 episodes

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