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You don't have to make it a bad investment. You can differentiate vacant and non-vacant investments.

I.e. Vancouver's Vacant Homes Tax (11674) http://bylaws.vancouver.ca/11674c.PDF



This document is dated only 8 months ago. Is there any evidence it has worked so far? (There's a long history of intelligent people gaming laws, where the original intentions of the law were noble enough.)




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