""Homes shouldn't be empty during a housing affordability crisis, when everyday people are struggling to afford to live in communities they work in. As council members, we celebrate projects that come on line with 50 homes, 100 homes. ... Every home that we add to the city's housing stock is literally a door for someone to walk through and live in.""
""Empty home taxes are one of the ways to do that. Even if the tax affects only about 1% of the city's housing stock, I'd consider it passing a win.""
San Diego faces a housing crisis with average home prices around $1 million and rents exceeding $2,000 for one-bedroom apartments. Over 5,000 properties remain vacant, exacerbating the affordability issue. City officials propose a tax on these empty homes, potentially generating up to $24 million in its first year. The revenue would support affordable housing projects. City Councilmember Sean Elo-Rivera emphasizes the need for assertive measures to combat the crisis, stating that every additional home contributes to housing availability.
Read at Los Angeles Times
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