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    Citizens for a Better Vancouver

New BC Property Tax will Add Cost for Home Buyers, Critics Says

B.C.’s new property taxes — including the revised speculation tax — will add layers of additional costs for buyers of new homes, says a spokeswoman for Victoria’s development industry.

“It is not helping with housing affordability — in fact, it makes it worse,” said Kathy Hogan, executive director of the Urban Development Institute’s capital region office, on Tuesday.

Full Story Here: http://www.timescolonist.com/real-estate/new-b-c-property-taxes-will-add-costs-for-homebuyers-critic-says-1.23215330

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POLICY PROPOSAL: B.C. HOUSING AFFORDABILITY FUND