SAN DIEGO (FOX 5/KUSI) -- In an attempt to raise $135 million for the city of San Diego, councilmember Sean Elo Rivera is proposing a new tax on short-term vacation rentals and for out of towners holding second homes that stand vacant.

“This very simple premise that if you choose to take a home away from a San Diegan, there is a cost associated with that and you need to pay your fair share,” said Rivera.

The councilmember says this proposal raises money and starts to correct what he believes are social consequences from the pressure of tourism and out of town wealth.

“Simply those who have chosen to take full homes that San Diegans could be living in and not allowed those places where someone calls it home,” said Rivera.

That means under this plan investors who own long-term rentals wo

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