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How to build more affordable housing? Tax vacant properties, says University of Chicago students

Summary by Chicago Sun Times
Taxing property owners whose rentals sit empty for most of the year and using the money to build housing on vacant land could be part of the solution to Chicago’s affordable housing crisis.That’s what three University of Chicago undergraduate students argued, during the inaugural Kreisman Initiative Housing Challenge Symposium . The team was chosen as the first-ever winners of the symposium, which the university plans to continue as a thought-ex…

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The development of a Community Land Bank could be one of the quickest and most efficient ways to address abandoned properties and mitigate the island's housing crisis, said Luis Gallardo, executive director of the Center for Habitat Reconstruction.

In a full housing crisis, this platform can be used by those who have rooms available and by students, with income below market value. The income can also be “pay” with company.

·Portugal
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Vacant housing is a major challenge for the Breton municipalities, and in the face of this reality, they are experimenting with various strategies to encourage rent-back and revitalize their neighbourhoods.

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Le Télégramme broke the news in on Monday, June 2, 2025.
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