Housing groups in cities up and down the state of CA are proposing a vacant property tax as one solution for the affordable housing crisis. But will this “empty homes” penalty prevent speculators from sitting on properties, leaving them vacant until they can demand a higher price? Will the penalties paid by these property owners actually make their way towards homeless services or to build new housing? In LA, there is a push for a referendum on the vacancy tax for the March or November 2020 ballot. How will you vote?

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Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069


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