PROP. G HELPS PROTECT TENANTS #stoptheflip #YesonG #speculatorfreeSF Want some good news? We had A HUGE WIN for the city last night. And its been a long time coming. The San Francisco Democratic Party voted to endorse Prop G: The Harvey Milk Anti-Speculation Tax. This could be a historic win for all of us in November, and its been a long time coming. HOW DOES PROP G WORK? The proposed speculator tax is focused exclusively to discourage flipping (quick purchase and re-sale) of apartment buildings. * The tax would be imposed only on multi-unit properties that are bought and re-sold in less than five years. * There is NO TAX on all single-family homes, condominiums, or owner occupied housing units (including Tenancies-In-Common). By voting Yes on Prop G this November, you can help discourage the flipping of apartment buildings, and encourage long-term investment in existing and new housing. Click to learn more, volunteer, donate and/or share.
Posted on: Thu, 14 Aug 2014 22:33:20 +0000
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