Negative opt-outs are always ridiculous, and this is no exception.
My guess is that the outcry will increase over the next few weeks, and will result in the NDP dropping this process, and coming up with a different process, likely still pissing off a huge swath of B.C. homeowners.
On a strictly personal level, I'm more interested in making sure the entire Southwest corner of the province doesn't become an unaffordable place for my kid to live ... and this kind of taxation is a step in that direction.
I'm actually a fan of what New Zealand has done (and therefore the Greens, for whom I don't agree with much of their platform) ... which is to ban foreign ownership of property. If you want to own a home in B.C., then come and live and work in B.C.
If you don't want to live and work in B.C., then go purchase property someplace else.
A billionaire in Hong Kong jumping up and down in protest because he can't buy property in B.C. couldn't resonate any less than it already does with me.