The L.A. City Council is considering whether to put a measure on the November ballot asking voters to approve a new tax on empty homes. The proposal is seen as a way to nudge landlords into putting more units back on the market.
Despite hundreds of millions of dollars spent to curb homelessness, the number of people without a home in Los Angeles grew for the fifth time in the past six years, officials announced Friday.
The Oakland tax penalizes the owners of properties that are in use fewer than 50 days in a calendar year and includes a number of exemptions, such as for landlords who have low incomes. Landlord groups, in turn, have argued that such a tax would hurt property owners even if they are trying to fill units. In a
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