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Could a vacancy tax help housing affordability in Sacramento?

Alex Muegge

August 23, 2022 |

The Observer |

Text |

800-1500 Words

Response Location: United States, Oakland, California

After Oakland instituted a vacant property tax for residential units and parcels, the city collected roughly $8 million in tax revenue in 2020 to support homeless services, blight remediation, and stemming illegal dumping. The number of vacant properties in Oakland also decreased.

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