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Helping people profit off of their empty houses is not a reasonable business case in places where rental housing is in short supply such as in Victoria BC, Vancouver and Toronto.
People should not be allowed to own two properties when some people can’t afford to own one. Allowing this is akin to saying that some people are inherently better than others and perpetuates wealth inequity. This is only a hard concept to grasp for out-of-touch wealthy people (and you can’t tell me that someone who owns two properties isn’t wealthy), a concept that children grasp instinctually.