A study from the Journal of Public Economics on the effect of vacancy taxes in municipalities in France. Evidence suggests that they work; vacancy rates decreased by 13% in the span of four years, and most importantly most of the vacant units became *permanent residences*. (1/13) pic.twitter.com/utrBsDprNp

— Zaddy Aang 🧦🌐🔰🌹 (@SocksxMC) September 24, 2020

After two years vacant, the vacancy tax should increase by five percentage points per year. After five years vacant, the unit, house, or location should be seized and turned into public housing or rented at a low rate to a business of some sort.