Re:Bills before the California Legislature would crack down ...
by ericd on Wednesday May 10, 2017 @06:57AM
(#14307262)
There are a lot of vacant buildings being sat on by property speculators, with very little property tax to motivate use thanks to Prop 13 (and because existing tenants hurt resale value).
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Re:Bills before the California Legislature would crack down ...
by timr on Friday May 12, 2017 @01:33AM
(#14321644)
Uh, this definitely falls under "citation needed". I've lived in SF for the better part of a decade, and I've never personally seen a vacant building that wasn't vacant for a reason (i.e. condemned, slated for demolition, etc.)
These kinds of stories are apocryphal.