Planetizen - Urban Planning News, Jobs, and Education

California Association of Realtors

June 22, 2018, 12pm PDT
A ballot measure to enable older homeowners in California, particularly empty nesters, to downsize without losing their tax benefits granted to them by the 1978 Proposition 13, has qualified for the November ballot.
Los Angeles Times
December 20, 2017, 6am PST
The current mortgage interest deduction is $1 million. The House version of the tax bill called for a $500,000 cap while the Senate left it untouched. They split the difference and capped it at $750,000. Congress is expected to pass H.R. 1 this week
The New York Times
December 11, 2017, 2pm PST
A proposed ballot initiative in California would extend the property tax limits offered by Proposition 13 as a lifetime benefit to homeowners over age 55 or severely disabled—even if they move to a new home in another part of the state.
The Mercury News
September 17, 2017, 7am PDT
The California legislature ended its season on Friday, handing Gov. Jerry Brown a third major victory. After passing landmark legislation earlier in transportation and climate change, a slate of controversial housing bills await his signature.
The Mercury News