South Lake Tahoe, California, votes on Measure N, proposing a vacant home tax for local workforce housing and projects.
South Lake Tahoe, California, is voting on Measure N, which proposes a $3,000 annual tax on vacation homes vacant for over 182 days, increasing to $6,000 for properties empty for half the year. Supporters argue it will encourage rentals to workers and fund local projects, while critics claim it infringes on property rights and worsens the housing crisis. Similar taxes are under consideration in other U.S. locations to address workforce housing shortages.
5 months ago
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