The goal is to incentivize property investors who leave homes vacant until the market is in their favor to list or rent the property. The city of Vancouver implemented a similar tax and saw vacancies decrease by 20%.
SAN FRANCISCO -- A San Francisco supervisor is looking to tax property owners who let their housing units sit vacant.
The goal is to incentivize property investors who leave homes vacant until the market is in their favor to list or rent the property. He estimates the tax could bring in about $38 million dollars a year. He proposes that the money go toward preventing homelessness and affordable housing.SF considers taxing vacant apartments to help with housing crisis; new report shows 40K empty units
Norge Siste Nytt, Norge Overskrifter
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