Nov 13, 2020
It is time to take a look at the results for the 2020 California Propositions that were aimed either right at real estate, or would have had a big effect on the real estate market.
Those included:
Proposition 15 - Split Roll Property Taxes to increase commercial
taxes
Proposition 19 - Property Tax Transfer Breaks
Proposition 21 - Rent Control
There is good news for folks in the world of real estate, but there is a good reason to take a minute and think about these results. While all is well now, there are indicators that down the road, the landscape just might change.
Here is a link to the freakonomics article that was suggested in the video:
https://freakonomics.com/podcast/rent-control/
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https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444
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My goal is to share my insights and opinions relating to real
estate so that you can make the best possible decisions in
achieving your real estate dreams. If you are interested in buying,
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Martin or Gilroy - I would love an opportunity to discuss with you
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