Read the following information carefully and answer the question which follows.Read the following paragraph and answer the question which follows Tenants’ associations have demanded a ‘vacancy tax’ on all vacant and unsold flats in Mumbai. ?->(Show Answer!)

1. Read the following information carefully and answer the question which follows.Read the following paragraph and answer the question which follows Tenants’ associations have demanded a ‘vacancy tax’ on all vacant and unsold flats in Mumbai. Which of the following would support the demand made by the tenants’ association ?

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By: anil on 05 May 2019 01.30 am

Levy of vacancy tax would discourage people from hoarding property making them to sell or rent it. This would naturally cause the prices of property to fall. Hence, option E is correct option.

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