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.









A Proposal to Address Building Collapses:
Filling the Legal Void Does Not Replace the State
Building collapses in Lebanon are no longer isolated incidents, but the result of a long accumulation of neglect and the state’s retreat from its responsibilities toward public safety. The latest draft law proposed by deputy Ihab Matar seeks to establish a mechanism for addressing structurally damaged buildings by organizing roles and relying on incentives and private financing rather than developing a comprehensive public policy. Yet when rehabilitation is tied to economic feasibility and investment opportunities, the question remains: what kind of city is being shaped, and for whom is it being rebuilt or renovated?