Given that Vancouver has a sub 1% vacancy rate, a tax on unoccupied housing is good policy. My concern however is that the city's implementation of the concept

Given that Vancouver has a sub 1% vacancy rate, a tax on unoccupied housing is good policy. My concern however is that the city's implementation of the concept is really weak and this will be difficult to enforce. Some economists at the local university proposed instead a property surtax that would be waived if there was enough locally generated income. That seems to me to be a more elegant solution. https://www.biv.com/article/2016/1/local-economists-have-solution-unaffordable-vancou/ https://www.biv.com/article/2016/1/local-economists-have-sol...