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ballot measure

On November 3rd of this year, California voters will have the opportunity to vote on twelve ballot initiatives that will have ramifications for years to come. Significantly, many of the proposed initiatives have been debated for decades and are finally being considered this year. As such, this guide will serve as a resource to get introduced to the various policy proposals …

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Proposition 15

Visualizing the Huge Cost of Proposition 15 BOMA/GLA Education On November 3rd, California voters will vote on Proposition 15, potentially the largest tax increase in California history – ever. In short, Proposition 15 seeks to end Proposition 13 protections for property owners. Under this tax regime, commercial property owners would be taxed based on market…

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Proposition 15 Split Roll education

Proponents of Proposition 15 cite classrooms as the main reason for taxing local properties and businesses. Unfortunately, Proposition 15 actually places education last in line. Most commercial real estate and business organizations are not …

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state elections race california

It seems as if California won’t vote any direction other than Democratic. It has even been dubbed the most reliably blue state in the Electoral College.
This is important to commercial real estate because the party in power determines the Legislature’s agenda. The current Legislature is considering bills jeopardizing dual-agency, tackling homelessness, reforming CEQA, and…

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Housing Crisis

It’s no surprise that Californians are leaving the state in record numbers. Due to rising rent, cost of living, and taxes, California is becoming less affordable for many Americans. Despite this, legislators are supporting Proposition 15, a ballot measure that would create higher …

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LAUSD School Bond

In November, voters will decide a $7 billion bond measure to pay for continued modernization projects in the Los Angeles Unified School District. The measure proposes to use general obligation bonds to build new classrooms, and repair and improve existing classrooms to meet the technology needs of students. It would not increase property taxes but continue the existing tax rate …

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transparency and accountability

As we’ve highlighted on our site, Proposition 15 will do much to hurt businesses and families across California. With that being said, more attention should be focused on how Proposition 15 will not do much to help schools and classrooms. In fact, while special interests are using Proposition 15 in the name of school improvement, it will mainly prioritize administrative costs …

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