Proposed property tax for investors that leave their property vacant.

Proposed Landlord Tax- good or bad ???

Victoria is proposing a new property tax for investors who land bank their investment properties.

Under the proposal some exclusions will apply such as for holiday homes and properties used for work, this proposal is certainly an out of the box idea put forward by the Andrews Government.

For the full details follow the link http://www.theage.com.au/victoria/vacant-property-tax-expected-to-raise-80m-in-push-to-increase-housing-affordability-20170305-gur4zn.html.

What are your thoughts on the proposal ?