cross-posted from: https://lemmy.crimedad.work/post/12162
Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.
I disagree with a specific vacancy tax. If that’s truly an issue, we should increase the property tax. Property tax it already due regardless.
A property tax would just pushed onto renters like mortgages already do. A vacancy tax would not have a renter to push onto.