Flaw #6 Hurts Renters & Makes California’s Housing Crisis Worse
PROP 15 WILL
HURT RENTERS &
MAKES CALIFORNIA’S HOUSING CRISIS WORSE
WHAT DOES PROP 15 MEAN FOR NEW HOMEBUILDING?
Local governments will receive more property tax revenue from industrial and commercial developments — ultimately discouraging new housing construction. Prop 15 will make the housing crisis even worse.
VOTE NO ON PROP 15
PROP 15 MEANS
HIGHER RENTS AND
Prop 15 will discourage new home construction which means higher rents and home prices.
PROP 15 INCENTIVIZES
PAVING OVER OPEN SPACE & FARMLAND
Prop 15 encourages politicians to pave over conservation land and open space, rezoning it for higher taxed commercial property like factories, offices, warehouses and strip malls.