No on Prop. 5
No on Proposition 5
Don’t be Fooled by the Deceptive Real Estate Industry Initiative
The California Association of Realtors is spending millions to pass a cynical initiative that puts their corporate profits over our local communities. Prop. 5 will give wealthy long-term homeowners a new tax break that will cut $2 billion a year from our schools and community services. It will also drive up the cost of housing, making things harder for first-time homebuyers, at-risk seniors, and renters who are already struggling with the California housing crisis.
Prop. 5 Harms:
STUDENTS by defunding our schools
FAMILIES by increasing the cost of housing
SENIORS by cutting vital community programs
EVERYONE by reducing funding for emergency services
Prop. 5 Defunds Our Schools
California schools are already ranked 41st in the nation in per-pupil funding and have the largest class sizes in the nation. Prop. 5 will harm our children by cutting $1 billion a year from our local schools.
Prop. 5 Will Increase the Cost of Housing
Families, first time home buyers, and renters are already struggling with the high cost of housing in California. Prop 5 does nothing to address the housing crisis.
Prop. 5 Takes Money from Senior Services
California’s senior poverty rate is already the second-highest in the nation with the number of seniors living in poverty doubling in the last 10 years.
Prop. 5 Cuts Funding for Emergency Services
Wildfires are a growing threat to everyone in California. Prop. 5 will further cut funding for our firefighters and emergency services, who are already hit hard by budget cuts.