More than 13K rent-stabilized units in NYC are sitting empty for multiple years, report finds
gothamist.com
A city Independent Budget Office report examines vacancy data from the state’s housing agency amid concerns of "warehousing."

cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

  • BraveSirZaphod@kbin.social
    1·
    10 months ago

    I totally agree that those are all good things, but I still see no real reason why the government has any business telling a homeowner who wants to split the building into a duplex that it’s illegal, because reasons.

    The political cost of actually abolishing SF zoning is definitely high though, and proposals to make SF homes less attractive are definitely more politically palatable.

    • sugar_in_your_tea@sh.itjust.worksEnglish
      1·
      10 months ago

      Yup, it’s really dumb. SF should have virtually no SFH-exclusive zoning since they’re very much space constrained, they should have a lot more mixed zoning (i.e. shops at ground level, housing above).