About Proposition 19
Proposition 19 takes away Family Homes, Farms and Businesses. Negative effects:
Will take away family homes, businesses and farms as there is no cap.
https://aagla.org/2021/02/proposition-19-the-homelessness-machine/
https://www.eastbaytimes.com/2021/11/05/opinion-repealing-death-tax-will-help-family-businesses-stay-afloat/
Challenges businesses to retain employees due to increased housing expense.
https://www.latimes.com/opinion/livable-city/la-ol-minimum-wage-housing-20170105-story.html
Increases tenant rent due to the squeeze with rent control and re-assessment or will force them to relocate if the home sells to corporations or owner move ins.
https://www.wsj.com/articles/if-you-sell-a-house-these-days-the-buyer-might-be-a-pension-fund-11617544801
Damages the future of California. Unfortunately, this was sold in the name of Equity but hurts the communities intended to help. The Realtists (Black Realtors) are supporting our efforts.
https://sfbayview.com/2021/02/halt-the-mean-prop-19-now-stop-the-attack-on-black-and-brown-wealth/
https://calmatters.org/commentary/2021/10/californias-tax-on-inherited-properties-hurts-minority-communities/
This is why Government and Non-Profits shouldn't own and manage low income housing:
https://sfist.com/2022/03/02/sup-preston-seeks-to-close-rent-control-loophole-thats-leading-to-182-rent-increases/
Board Of Equalization
Board Members are supportive of our efforts as our Taxpayer Advocates. Click on photo for more information.
Los Angeles County Assessor Information
Jeff Prang, LA County Assessor, calls Proposition 19 a "Dumpster Fire." Click on photo for more information.