Home Commercial Oakland Puts Foreclosure Transfer Tax on November Ballot, Targeting Up to $13MM a Year From Downtown Distress
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Oakland Puts Foreclosure Transfer Tax on November Ballot, Targeting Up to $13MM a Year From Downtown Distress

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Oakland has advanced a November ballot measure that would strip a long-standing exemption from its real estate transfer tax and turn the city's wave of commercial foreclosures into a new source of general-fund revenue. Facing a hollowed-out downtown and a widening budget hole, Oakland is moving to profit from the very distress hammering its property […]

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