San Francisco Supervisor Launches Ballot Campaign To Tax Owners Of Vacant Residential Units

By CBS San Francisco Staff:

SAN FRANCISCO (CBS SF/BCN) — Modeled after a similar law in Vancouver, San Francisco Supervisor Dean Preston has launched efforts to place a measure on the November 2022 ballot to tax owners of certain vacant residential units.

Preston announced the proposed “Empty Homes Tax” ballot initiative on Tuesday.

Under the measure, a tax would be applied to owners of buildings of three units or more that have a residential unit that has been vacant for more than six months. The tax rate would be higher for larger units and would also increase the longer the unit stays vacant, according to Preston’s office.

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