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Brickbat: No Vacancies

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Empty apartments

San Francisco voters approved a tax on the owners of vacant housing units. Beginning Jan. 1, 2024 landlords who have three or more units that were vacant for 182 days during a tax year will be subject to a tax of between $2,500 and $5,000. If the units are not occupied, this tax would rise to $20,000 over time. Duplexes and single-family houses will be exempted from the tax.

Reason.com’s first post, Brickbat: No Vacancies, appeared first on Reason.com.



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