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California’s housing crisis may be about to get worse. A coalition of over 100 social justice, housing, and business leaders is warning that a new Vehicle-Miles-Traveled (VMT) housing tax could add up to $324,000 to the cost of every new home or apartment — and raise monthly rents by as much as $1,350.
By Sean Reynolds4.4
8787 ratings
California’s housing crisis may be about to get worse. A coalition of over 100 social justice, housing, and business leaders is warning that a new Vehicle-Miles-Traveled (VMT) housing tax could add up to $324,000 to the cost of every new home or apartment — and raise monthly rents by as much as $1,350.

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