2 ms·
In DC vacant homes are taxed at 5% assessed value and "blighted" homes at 10%. It's the city's main weapon against vacant properties. People complain that enfor
by eli 10y ago
In DC vacant homes are taxed at 5% assessed value and "blighted" homes at 10%. It's the city's main weapon against vacant properties. People complain that enforcement is uneven or that sneaky developers find loopholes, but it seems like a good program overall.
- titanomachy 10y agoWow, that's an incredibly high tax! I bet it works pretty well, I'd want to offload that property damned fast if I couldn't rent it.
- eli 10y agoI wonder how many people end up actually paying it, but at the very least it's got to make it inconvenient and risky to own vacant property.