Vancouver to tax empty homes by up to 2% of value
Tax is to be self-declared
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Sales of homes over $1 million in Vancouver fell 30%
Bank of Canada official says investors need to adapt
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Home buyers may feel the pinch as banks comply to stricter rules
It will save a typical household about $130 a year
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39% surveyed say they’re “overwhelmed” by their debt
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Average price for homes sold was $710,410
