Well put Dr. Demento. The Liberals moan about the housing problem and do very little - they created the additional 15% transfer tax but that does not affect all the empty foreign owned properties.
The BC Liberals did not take real action because the hot property market created a good deal of cash flow for the province - but at the same time it put the actual citizens of BC out on the street due to housing prices. A BC Liberal will put the almighty dollar before basic human rights every time. It should be their vision statement.
But back to your post - you nailed it. Lets tax the overseas money. This will enrich the provincial coffers and begin a careful reversal of the bloated housing market.