Yes on Prop 5 AND No on Prop 10

REALTORS® engagement in the upcoming November election is CRITICAL to addressing California’s housing crisis through protecting homeownership and private property rights across the state.

There will be two initiatives on the statewide ballot this November that could dramatically affect housing opportunities, private property rights and the availability of affordable housing.

The first is Prop 5, C.A.R.’s own initiative to create new homeownership opportunities by generating more sales of single family homes in existing neighborhoods. This will benefit young families at a time when California faces a severe shortage of houses for sale. Prop 5, the Property Tax Fairness Initiative, qualified for the ballot earlier this year after C.A.R. submitted nearly 1 million voter signatures to the Secretary of State’s office—a strong indicator of voter support.

The other measure of concern on the November ballot is Prop 10, the so-called “Affordable Housing Act,” that would actually make the housing crisis worse by repealing the long standing Costa-Hawkins Rental Housing Act, eventually allowing local governments to impose draconian rent control measures.

Your participation in efforts to PASS Prop 5 and DEFEAT Prop 10 are VITAL.

Here’s what every REALTOR® should do to help:

1. Register to vote and vote Yes on 5, No on 10.  Voter registration materials are available in the membership department at SRAR in Van Nuys and Santa Clarita.

2. Share information with your fellow REALTORS® and your clients.

3. Volunteer to help. Contact Elizabeth de Carteret at SRAR or email prop5@car.org for more information.

Helpful Materials 

C.A.R. Op-Ed by Past President Bill Brown

Member Mobilization Key Facts

No on 10 Fact Sheet

Proposition Comparison Chart

Links:

NAR

C.A.R.
REALTOR Action Fund

*Yes on Prop. 5 and No on Prop. 10 posts are paid for by California Association of REALTORS® Issues Mobilization PAC.