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Proposition 5 will lower the voter threshold required to pass local affordable housing and transportation bond measures.
Real estate interests are leading the opposition to California's Prop 5 which would make it easier to raise money for affordable housing.
A ballot measure that would have lowered the approval threshold for local bonds to support affordable housing and other projects failed.
Proposition 5 is a California ballot proposition that was voted on as part of the 2024 California elections on November 5. It failed, with 55.0% of voters voting "no." [ 1 ] If passed, the proposition would have amended the California Constitution to reduce the supermajority requirement from two-thirds of the vote to 55% for local bond measures ...
Howard S. Rich, also known as Howie Rich (born 1940) is a real estate investor who is notable for funding libertarian-oriented political initiatives such as term limits, school choice, parental rights regarding education, limited government and property rights. [2]
Proposition 5 may refer to: 2008 California Proposition 5; 2018 California Proposition 5; 2024 California Proposition 5; Various ballot measures in Texas, including:
If approved by California voters, Proposition 5 would make it easier for local bond measures, and the tax increases that often accompany them, to pass.
The basic distinction in common law systems is between real property (land) and personal property (chattels). Before the mid-19th century, the principles governing the transfer of real property and personal property on an intestacy were quite different. Though this dichotomy does not have the same significance anymore, the distinction is still ...