Protect Golden State taxpayers, protect Proposition 13 for all

Big changes in expenses are dangerous for those in commercial real estate development. We like to be able to predict our costs and plan for the future, because our projects often take years or even decades to pay off.
Since 1978, residential and commercial real estate owners here in California have been able to predict, with certainty, our annual real estate taxes. That’s when voters passed Proposition 13, the constitutional amendment that provided new protections for both residential and