upper waypoint

Boom or Bust, You Decide

Save ArticleSave Article
Failed to save article

Please try again

San Francisco's Proposition D aims to penalize landlords who keep their storefronts vacant while holding out for higher rent.

Next week, voters will decide whether the city should tax property owners who keep their property vacant for more than 182 days.

It's tough to prove that someone is keeping their property vacant in order to get more rent income in this super-heated economy, but it sure is hard to believe all those vacant storefronts would stay empty if landlords dropped the price from "exorbitant" to "ridiculous."

Supply and demand: Try it, you'll like it!

Sponsored

lower waypoint
next waypoint
Pro-Palestinian Protests Sweep Bay Area College Campuses Amid Surging National MovementAt Least 16 People Died in California After Medics Injected Sedatives During Police EncountersCalifornia Regulators Just Approved New Rule to Cap Health Care Costs. Here's How It WorksState Court Upholds Alameda County Tax Measure Yielding Hundreds of Millions for Child CareYouth Takeover: Parents (and Teachers) Just Don't UnderstandSan José Adding Hundreds of License Plate Readers Amid Privacy and Efficacy ConcernsCalifornia Law Letting Property Owners Split Lots to Build New Homes Is 'Unconstitutional,' Judge RulesViolence Escalates in Sudan as Civil War Enters Second YearSF Emergency Dispatchers Struggle to Respond Amid Outdated Systems, Severe UnderstaffingLess Than 1% of Santa Clara County Contracts Go to Black and Latino Businesses, Study Shows