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

Vacant homes tax not so straightforward, says Varadkar. Pic: RollingNews.ie

Gettingempty homes back into use was supposed to be one of the silver bullets to solve the housing crisis.

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 ...