Vacancy tax

From HousingWiki

Vacancy tax is a tax on empty or under-utilized residential properties


Matthew‏ @mattdpalm 4:09 PM - 15 Jan 2018
Replying to @NeverSassyLaura
"Happy to provide lit on international vac tax examples and their effective ness."



San Francisco (proposed) [edit]

"No Vacancy for the Homeless." by Joe Eskenazi, Joe. San Francisco Public Press, Oct 23 2017.

Oakland (proposed)

 a “vacancy tax” being proposed in early March by @Kaplan4Oakland - no details until 3/1 ish though


Vancouver [edit]

"To address Vancouver’s housing crisis, we have implemented an annual tax on empty or under-utilized residential properties called the Empty Homes Tax. Every owner of residential property in Vancouver is required to submit a property status declaration each year to determine if their property is subject to the tax.

  • Properties deemed empty will be subject to a tax of 1% of the property’s assessed taxable value. 
  • Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year; however all homeowners are required to submit a declaration.
  • Net revenues from the Empty Homes Tax will be reinvested into affordable housing initiatives.
  • The Empty Homes Tax is also known as the Vacancy Tax and is imposed under the Vacancy Tax By-law No. 11674.


See Also