Abolishing the Vacancy Exemption in the 2027 Draft Budget:
A First Step Towards Curbing Speculation
The 2027 Draft Budget proposes abolishing the Built Property Tax exemption for vacant apartments, which could help curb vacancy and speculation. However, given Lebanon’s high vacancy rates, a separate progressive vacancy tax is also needed to further discourage prolonged vacancy, increase the availability of housing, and address the ongoing housing crisis and displacement caused by the Israeli war.










Behind the Scenes of Legitimizing Illegal Quarries: How the Government and Cement Companies Manipulated Urban Planning Frameworks in Koura
This commentary takes a spatial approach to dissecting the Lebanese Government’s controversial Decisions No. 16 and No. 59 (passed in April 2026), exposing them as a continuation of a decades-long trajectory of collusion between the state and the powerful cement cartel, including the two major companies operating in Koura: “Holcim” and “National Cement Company.”