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by internet_user 2353 days ago
Wouldn't it have to be huge to make a difference?

A large investment property would probably cost several tens of thousands of dollars in property tax per year? Not many residents probably pay that much income tax, what do you do with those?

1 comments

Residents pay local income tax and thus aren’t subject to the high property tax. This tax targets offshore residents, shell companies, etc.
What would prevent Chinese investors from temporarily assigning their Vancouver portfolio to some local proxies?