L.A. postpones ‘vacancy tax’ measure amid CAA letter-writing campaign

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Los Angeles city residents may eventually vote on a proposed “vacancy tax,” but it won’t be this year.

After a letter-writing campaign spearheaded by the California Apartment Association, the City Council on Wednesday decided unanimously to wait until at least 2022 to place such a tax on the ballot. The tax would apply to owners of property that sits unoccupied for a specified amount of time.

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Tagged: Los Angeles