Property Taxes: Senate Bill 1105 and Senate Bill 679
Message from REALTOR® Party of California: The California Association of REALTORS® OPPOSES Senate Bill 1105 (Hueso) and Senate Bill 679 (Kamlager) each of which creates an unelected agency with the power to impose a range of new property taxes. Those taxes would make keeping and getting into a home more expensive and difficult, potentially taxing people out of their homes and pushing homeownership out of reach for […]
The Future of San Diego Short-Term Vacation Rentals
Beginning in 2023, the city of San Diego will implement a 1% cap on short-term vacation rentals, leaving those property owners with a decision – turn their investment into a long-term rental or sell. Could this help open up inventory in San Diego? Time will tell. The California Coastal Commission recently approved the cap earlier […]
California's New Housing Laws - SB 9 and SB 10
On September 16, 2021, in a bipartisan effort to increase California’s housing supply, streamline the process for cities to zone for multi-unit housing, and ease California Environmental Quality Act (CEQA) restrictions, Governor Gavin Newsom signed Senate Bills 9 and 10 which go into effect January 1, 2022. SB 9 – CALIFORNIA HOUSING OPPORTUNITY AND MORE […]
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