Скачать или смотреть What is Proposition 5 in the State of California?

Come this November 2018, in the state of California, we’ll all be voting on whether or not to pass Proposition 5, the Property Tax Fairness Initiative. Watch as I explain in more detail what this measure is all about, and how it can potentially impact the California housing crisis.

A "yes" vote supports amending Proposition 13 (1978) to allow homebuyers who are age 55 or older or severely disabled to transfer their tax assessments, with a possible adjustment, from their prior home to their new home, no matter (a) the new home's market value; (b) the new home's location in the state; or (c) the buyer's number of moves.

A "no" vote opposes amending Proposition 13 (1978) to change how tax assessments are transferred between properties for homebuyers who are age 55 or older or severely disabled.

For more information: https://ballotpedia.org/California_Pr...)

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