Five vacant multimillion dollar buildings in the Mission bc California's tax system incentivizes land-banking:https://missionlocal.org/2017/06/one-vacant-block-in-sfs-mission-reaches-back-into-another-era/ …
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Not just derilect properties. I know a wealthy multi-property heir who sat on vacant commercial spaces in nice neighborhoods for a decade+.
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And it is their right to do so since they own it. What part of ownership are people not understanding?
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