In a city suffering from one of the worst housing crises in the country, a new report shows there are more that 40,000 units sitting vacant. Legislators hope a 'vacancy tax' could change that.
SAN FRANCISCO -- For decades, the City of San Francisco has suffered from one of the worst housing crises in the country.
It's a finding that's caused some lawmakers to look into a vacancy tax as a possible solution to the housing shortage. "They're just buying it, holding on to it until the market goes up and selling it for profit. They have no interest in providing homes for folks," Preston said.
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