US EditionExperts call for vacancy tax to address empty homes and soaring property prices
Summary by Penang Property Talk
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
Experts call for vacancy tax to address empty homes and soaring property prices
Housing experts in Malaysia are urging the government to implement a vacancy tax to curb the rising number of vacant and unsold homes, and to stabilise property prices by deterring speculation. According to a report by FMT, many so-called “affordable” housing units are being held vacant by owners or investors, reducing availability for genuine homebuyers. The move to tax empty homes, they argue, could encourage more responsible ownership and pus…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
