California Proposition 19 and How it May Affect Local Homeowners
As Tuesday November 3rd approaches voters in California should inform themselves on the issues that they will be voting on. I wanted to highlight one Proposition that is targeted towards residential real estate, Proposition 19. Please note that the information provided is not intended to sway you to vote one way or another but rather to inform. Most of this information comes from the League of Women Voters and other sources. It can be found by clicking https://cavotes.org/sites/default/files/November%202020%20Pros%20%26%20Cons.pdf.
The League of Women Voters provides a good, no nonsense method of evaluating any Ballot Proposition:
Below is the League of Women Voters discussion about the Pros and Cons of Proposition 19.
As with most Propositions, the impacts or costs of the Proposition passing can be difficult to determine. To help (or confuse) you, below are a few other informational resources discussing Proposition 19:
- https://voterguide.sos.ca.gov/propositions/19/#:~:text=CON%20Proposition%2019%20is%20a,VOTE%20NO%20ON%2019.
- https://reason.org/voters-guide/california-ballot-initiative-analysis-proposition-19-2020/
- https://calmatters.org/election-2020-guide/proposition-19-property-tax-break/
- https://www.latimes.com/opinion/story/2020-09-17/vote-no-on-proposition-19
- https://ballotpedia.org/California_Proposition_19,Property_Tax_Transfers,_Exemptions,_and_Revenue_for_Wildfire_Agencies_and_Counties_Amendment(2020)
