Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.
You mean to say people that are renting don’t spend their own hard earned money (a huge chunk of which goes to some greedy asshole) improving some other richer persons property? The horror! Won’t somebody think of the poor landlords? How dare they not consider the neighbors property values!
🙄