Reported 6 months ago
Residents of South Lake Tahoe will vote on a proposal to tax property owners who leave their homes vacant for more than half a year, with potential taxes of up to $6,000. The measure aims to address the housing crisis by incentivizing homeowners to rent out their properties, with the tax revenue going towards affordable housing, road repair, and public transportation. The initiative has sparked a divide among locals, with some supporting it as a solution to housing issues, while others argue it may not effectively address the crisis or could worsen the situation.
Source: YAHOO