As a homeowner or real estate investor, you know that market stability and manageable property taxes are key to protecting your investment. On the ballot this year, two propositions—Propositions 5 and 33—could significantly impact both.

Vote NO on Prop 5: The Property Tax Increase Trap

Prop 5 might seem appealing at first glance, but it’s essential to read between the lines. This proposition would make it easier for local governments to pass bond measures, which are often funded by property taxes. While bond measures can support local initiatives, they can also mean higher property taxes for homeowners and increased housing costs overall.

What This Means for You: Higher property taxes don’t just affect monthly expenses; they can also impact long-term affordability, making it challenging to manage costs and limiting housing options for new buyers.

Vote NO on Prop 33: Protect Housing Market Growth

Rent control can sound like a good idea, especially with the goal of making housing affordable for renters. However, Prop 33’s expansion of rent control has unintended consequences: it discourages new housing developments, reduces property values, and can create barriers for small landlords, who often struggle to keep up with the additional regulations.

What This Means for You: With fewer incentives to build new homes, property values could stagnate or even decrease, affecting not only homeowners but also anyone who wants to invest in real estate.

Informed Decisions to Protect Your Investment

Your property is more than just an investment; it’s your home and your financial future. Voting “NO” on Propositions 5 and 33 can help keep housing costs in check, support market growth, and protect property values.

Feel free to reach out with any questions—I’m here to make sure you’re informed and empowered to protect your assets. Let’s work together to keep the real estate market stable and affordable!