Vancouver mayor urges premier to act on flipping

2015-06-04 · Les Twarog & Sonja Pedersen

Jamie Henry
Other

Property speculators are in the spotlight in Vancouver where the city’s mayor Gregor Robertson wants action to curb the practice of flipping.

He also wants a new provincial tax on luxury homes and powers to tackle the issue of unoccupied homes.

Referring to the city’s “worst ever housing crisis," Mayor Robertson wrote in a letter to B.C. premier Christy Clark that it is the province’s responsibility to curb property speculation from “the world’s wealthiest citizens."