Chinese oligarch sues city of Vancouver over $200,000 "Empty Homes Tax"

No, the article says it’s typically between 15,000 to 40,000. (And it’s the higher end if it’s a house with asbestos, or a house built before 1940, and some of the fees overlap.)

I’m sure some people spend more, because they’re in a hurry or not particularly thrifty…but 50k’s not the average cost.

It’s a problem in cities where zoning and permits are loose, and especially so in cities where the regulations are mainly created by whichever politicians have ties to the real estate industry.

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