Millions of homes sit vacant across the world, and Canada is one of the worst offenders. OECD data shows 1.34 million vacant homes in Canada, the fifth highest for advanced economies. The US topped the list with 15.55 million, or 1 in 12 homes sitting vacant. Japan, notorious for its vacant home problem, had the highest rate with 1 in 7 homes sitting empty. Higher interest rates or property taxes can literally create years of housing supply. https://betterdwelling.com/this-weeks-top-stories-canadas-1-3-million-vacant-homes-and-investors-bought-25-of-real-estate-in-ontario/