Saturday November 28, 2020

Momentum behind vacant homes tax stalls

Housing policy has shown that offering carrots to increase supply – such as grants to do up vacant houses or exempting owners from the planning process – will only go so far

Michael Brennan

Political Editor

3rd January, 2018
Vacant homes tax not so straightforward, says Varadkar. Pic:

Taoiseach Leo Varadkar promised in his leadership manifesto to impose a higher property tax on properties which had been vacant for more than two years.

It was in keeping with an international trend, which has seen authorities in Vancouver in Canada bring in a 1 per cent tax on the value of a property if it is left empty for at least six months. A similar 1 per cent tax has just come into force...

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