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Are there such laws on the books anywhere? It seems like it would be hard to thread the needle to avoid people skirting the law. Can you host a pop up bar for o
by 0cf8612b2e1e 3y ago
Are there such laws on the books anywhere? It seems like it would be hard to thread the needle to avoid people skirting the law. Can you host a pop up bar for one night to qualify for occupancy for six months? Rent to your brother? Airbnb listing that does poorly?
- mint2 3y agoWhy yes, SF actually has some laws to tax vacant real estate. (Unless court challenges were successful, not sure the status and there’s always court challenges to everything)
- novok 3y agoVancouver has vacancy tax laws, they don't seem to do much in practice. I think vacant units are highly visible, but are actually a small part of the market in practice.
- yowzadave 3y agoPresumably the government already knows where you live for what percentage of the year through your tax returns? A vacancy tax should also apply to landlords to encourage them to rent out units at actual market rate (rather than pretend market rate is something different for tax purposes).
- acdha 3y agoAs with many things, there are but the quality of implementation and enforcement varies wildly. We have some laws here but under a mayor who gets a lot of donations from the commercial real estate industry enforcement is … unmotivated.