Proposition 5 does nothing to help housing crisis and hurts locals

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October 25, 2018

https://www.sacbee.com/opinion/letters-to-the-editor/article219828580.html

Housing crisis

“Proposition 5 does nothing to help housing crisis and hurts locals” (sacbee.com, Oct. 8): California is in the midst of a housing crisis. While some work to find solutions, the California Association of Realtors has decided to treat the situation as a money-making opportunity. They put Propostion 5 on November’s ballot, marketing it as a solution to the state’s housing woes. In reality, the measure is a tax break for the affluent – and a source of higher commissions for the Realtors who sell them homes. It will push prices even higher and cause a $1 billion loss in property tax revenue – the very revenue that funds schools, fire and police, and local services for the homeless. Proposition 5 does absolutely nothing to help first-time homebuyers, renters and seniors unable to afford food and medication. California voters will not be fooled.

HELEN L. HUTCHISON,

PRESIDENT, LEAGUE OF WOMEN VOTERS OF CALIFORNIA

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Prop 5
housing crisis
California
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Helen Hutchison
LWVC
Vote No on Prop 5

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