property tax | KALW

property tax

Liza Veale

 

If you’ve heard of Proposition 13, you probably know that it cut property taxes back in 1978, which reduced funding for public schools and other services. It also has a lot to do with the state’s shortage of housing and, many argue, the fact that rents are so darn high.

Daily news roundup for Wednesday, September 16, 2015

Sep 16, 2015
Youtube / SFGate

Here’s what’s happening in the Bay Area, as curated by KALW News:

SFMTA says it needs $21 billion for next 20 years // SF Examiner

"Money makes transit go ’round. And in San Francisco, a new number has been identified to do just that: $21 billion.

Host David Onek and guests dive into one of this election's most contentious ballot measures:  Proposition G.  Known as an "anti-speculation" tax, Prop G has ardent support and robust opposition, reflecting ongoing tension about the high cost of housing in San Francisco.

Would Prop G make San Francisco housing more affordable?

Is it an effective deterrent to real estate speculation, or is it just a major new tax on property owners?

Guests: