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We do not accept a broken status quo where every night over 10 homes sit vacant for every person who sleeps on our streets. SF’s groundbreaking Empty Homes Tax is a powerful tool to fill thousands of vacant homes being hoarded/held off the market by real estate investors in SF, while raising money from those who persist in holding units off the market with no good reason to fund rental subsidies & acquisitions of vacant properties for affordable housing. We’re optimistic that the Court of Appeal will follow the will of the voters and uphold the Empty Homes Tax. In the meantime, owners of multi-unit buildings are encouraged to activate their units, not just because it’s the right thing to do, but because vacancies today are likely to result in a significant tax bill. So long as people are priced out of our housing market & forced to live on the streets & in shelters, we will continue doing everything possible to fill empty homes. We’ll provide updates on the case as it moves forward

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We do not accept a broken status quo where every night over 10 homes sit vacant for every person who sleeps on our streets. SF’s groundbreaking Empty Homes Tax is a powerful tool to fill thousands of vacant homes being hoarded/held off the market by real estate investors in SF, while raising money from those who persist in holding units off the market with no good reason to fund rental subsidies & acquisitions of vacant properties for affordable housing. We’re optimistic that the Court of Appeal will follow the will of the voters and uphold the Empty Homes Tax. In the meantime, owners of multi-unit buildings are encouraged to activate their units, not just because it’s the right thing to do, but because vacancies today are likely to result in a significant tax bill. So long as people are priced out of our housing market & forced to live on the streets & in shelters, we will continue doing everything possible to fill empty homes. We’ll provide updates on the case as it moves forward
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Dean Preston (deanpreston@sfba.social)'s status on Monday, 04-Nov-2024 04:31:02 JST Dean Preston

As the Chronicle has reported, a SF trial court judge has verbally ruled against the Empty Homes Tax, although the reasoning and legal basis are unknown at this time because the judge did not specify a reason and has not yet issued a written decision. We do not accept a broken status quo where every night over 10 homes sit vacant for every person who sleeps on our streets. We’re optimistic that the Court of Appeal will follow the will of the voters & uphold the Empty Homes Tax. Full statement:

In conversation about 21 days ago from sfba.social permalink