"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
A better argument would be that the government cannot force the person to enter into a contract with a private party.
S.F. landlords, property owners sue to block voter-approved vacancy tax
21–30 of 173 posts
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#22"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
Are there any limiting principles to your perspective? Do you feel it would be acceptable for your municipality to tax your disuse of expensive guitars, riding mowers, boats, or graphics cards you don't actually employ to their satisfaction?
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#23Are there any examples of a similar tax in other parts of CA or elsewhere in the USA?
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#24"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
Are there any limiting principles to your perspective? Do you feel it would be acceptable for your municipality to tax your disuse of expensive guitars, riding mowers, boats, or graphics cards you don't actually employ to their satisfaction?
Nobody is proposing city taxes on unused guitars, boats, or graphics cards. That would never pass. There is no public policy benefit to doing so, other than generic tax revenue. And if it did, I would move and feel comfortable doing so because I would not want to live in a city whose majority voting population is bananas.
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#25"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
A better argument would be that the government cannot force the person to enter into a contract with a private party.
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#26Vacancy taxes are good but not enough by themselves. S.F. needs more housing, including middle housing, three or four story buildings with multiple units. The market dynamics that apply to shampoo and fridges apply to housing as well. Prices are elevated because of an imbalance between supply and demand. Supply must rise to match demand. Let investors and speculators snatch up new housing units, at least at first. In…
> S.F. needs more housing Always funny to see this taken at face value. SF doesn’t “need” housing. People want to pay less for housing. Not the same thing at all.
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#27Earlier quoted context omitted.
Are there any limiting principles to your perspective? Do you feel it would be acceptable for your municipality to tax your disuse of expensive guitars, riding mowers, boats, or graphics cards you don't actually employ to their satisfaction?
Your analogy doesn't hold, because owning and neglecting such items doesn't prevent someone else from having them. Property speculation is so runaway that landlords are keeping properties vacant because they hope to make more money on rising real estate values alone.
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#28"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#29"“The government cannot compel a property owner to rent his or her property to third parties without violating” the Takings Clause of the U.S. Constitution, the lawsuit said." A vacancy tax no more compels someone to rent their property than an income tax compels me to be unemployed. Feels like the kind of lazy argument you'd lob up just to give your fellow rich people an opportunity to bail you out in a hyper undemo…
This analogy doesn’t make sense to me. Perhaps you can clarify.
Re: S.F. landlords, property owners sue to block voter-approved vacancy tax
#30Earlier quoted context omitted.
Are there any limiting principles to your perspective? Do you feel it would be acceptable for your municipality to tax your disuse of expensive guitars, riding mowers, boats, or graphics cards you don't actually employ to their satisfaction?
Yes, housing is a fundamental human need and expensive guitars aren't. Call it the Shkreli principle.