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A comment on Spain proposes 100% tax on homes bought by non-EU residents. Parent comment

Re:Spain proposes 100% tax on homes bought by non-EU residents by OJFord on Monday January 13, 2025 @07:03PM (#42691358)
I don't know or claim that it's any truer, but I thought the oft-reported reason, for Vancouver/BC especially, was Chinese investment, and explicitly not immigration even, the chief complaint that the growth has been/is expected to be such that they're left unoccupied?
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Re:Spain proposes 100% tax on homes bought by non-EU residents by _whiteCaps_ on Monday January 13, 2025 @07:33PM (#42691729)
This is my experience. The two houses that I share a backyard fence with are empty. A caretaker comes by once a month to have a look around one of the houses but otherwise they're unoccupied.
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Re:Spain proposes 100% tax on homes bought by non-EU residents by qball on Monday January 13, 2025 @07:38PM (#42691787)
>for Vancouver/BC especially

The ALR bans any and all significant development in BC.

Land is not scarce in BC; land that it's legal to build on is.

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Re:Spain proposes 100% tax on homes bought by non-EU residents by OJFord on Monday January 13, 2025 @08:22PM (#42692224)
Ok - I'm not Canadian, idk what ALR is - I'm just saying what's disagreed with up-thread isn't what, in my experience, is the common claim (whether it's correct or not).
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Re:Spain proposes 100% tax on homes bought by non-EU residents by qball on Monday January 13, 2025 @08:26PM (#42692261)
The Agricultural Land Reserve prohibits farmland from being sold for housing development. It's one of the oldest modern NIMBY policies.

Most of the land in BC is classified in this way.

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Re:Spain proposes 100% tax on homes bought by non-EU residents by OJFord on Monday January 13, 2025 @09:37PM (#42692802)
Well that's not obviously bad I don't think? If Canadians want to be mad about pro-farm regulation, they should look to dairy; milk tokens, cheese availability, etc.
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