>> A speculation and/or vacancy tax makes sense in cities with a high number of foreign buyers A proper speculation/vacancy tax that disincentivized empty prop

>> A speculation and/or vacancy tax makes sense in cities with a high number of foreign buyers A proper speculation/vacancy tax that disincentivized empty properties in SF, Vancouver, NY and other major cities that have that issue would probably result in a noticeable rippling effect to reducing values in smaller cities. Regardless, an economy where many people are working just to pay exorbitant rent is not a healthy economy.