The Queensland Greens say their proposal to tax investors for vacant homes could see tens of thousands of properties returned to the rental market during a nationwide housing crisis.
The bill, introduced into parliament on Thursday, proposes charging investors a 5% levy of the value of their residential property or land if it has been vacant for six months or more in a year. It would equate to an annual charge of $43,200 on the median Brisbane house price of $864,000.
