Vote YES On Prop 5: Protect California Homeownership.

Norma and Kyle
Norma and Kyle
Published on October 22, 2018

This November, we can take decisive action to protect homeownership and private property rights in California.

California is facing a housing crisis – and it’s getting worse. Put simply: there are not enough homes. Too many potential homeowners and renters are simply priced out of the market. 

As REALTORS®, fellow Californians, we’re asking you to join us to vote YES on Prop 5.

Prop 5, the Property Tax Fairness Initiative, removes the unfair moving penalty for seniors, the severely disabled and disaster victims across the entire state while still ensuring they pay their fair share of property taxes.

  • Seniors will have the freedom to downsize or move closer to family. 
  • The severely disabled will be able to move to more practical homes. 
  • Many disaster victims will now have the opportunity to move without being penalized.

Too many Californians feel like they will never be able to become homeowners. Eliminating the moving penalty for seniors, disaster victims and the severely disabled will create more opportunities for homeownership for first-time buyers and young families. 

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