The new speculation tax in many ways is a vacation home tax that will effect 1000's of BC home owners. This is one of the main problems when you start carpet bombing new taxes. To hit the intended target -Speculators who are buying homes leaving them empty and parking money. You hit people who own vacation homes and who have owned these homes for decades in many cases. They are not speculators or parking money yet they are now required to pay 10's of thousands in new taxes.