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

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

In recent years, Chinese oligarchs have been buying up vast swaths of Vancouver real estate as a way to park their money. They often don’t set foot in the luxury townhouses they buy, which has led the Vancouver city government to issue a 1% Empty Homes Tax. A…
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