In 2019, approximately 12% of the nation’s housing stock was vacant. Many — including the Oakland group Moms 4 Housing — have underscored the need to address the way vacancies fuel housing speculation.
Vacancy taxes are a new tool cities are implementing to ensure all available housing is used. But do they work?
Here & Now‘s Tonya Mosley talks with Michael Lens, UCLA associate professor of urban planning and public policy.
This article was originally published on WBUR.org.
Copyright 2021 NPR. To see more, visit https://www.npr.org.