South Lake Tahoe split over proposal to tax property owners who leave homes vacant

By Ruben Vives, Los Angeles TimesSouth Lake Tahoe residents will vote on a measure to tax property owners who leave homes empty for more than half a year.

“Since January, we have connected with thousands of community members outside local grocery stores and in neighborhoods across the city and were met with widespread support and gratitude that something was being done to address the skyrocketing cost of housing,” said Nick Speal, co-founder of the nonprofit. “The housing crisis has reached a tipping point, with locals forced to leave the community due to a critical shortage of affordable housing.

In South Lake Tahoe, the median household income is $67,686, below the state’s $91,905, according to the U.S. Census Bureau. Steve Teshara, co-founder of the coalition, said construction of affordable housing in South Lake City has been limited by development standards that dictate where and how much of the area the city can build on.

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South Lake Tahoe split over proposal to tax property owners who leave homes vacantA South Lake Tahoe nonprofit, Locals for Affordable Housing, has collected enough signatures to place a measure on the November ballot that aims to tax property owners between $3,000 and $6,000 for units that sit vacant for more than half a year.
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