Should California Expand Tax Breaks for Older Homeowners? Propositions 5, 1 and 2, Explained

Bay Curious

KQED

History, Society & Culture, Places & Travel

4.9 • 999 Ratings

🗓️ 10 October 2018

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Propositions 5 would expand the ability of older Californians to take advantage of property tax breaks put into place 40 years ago by Proposition 13. Produced by Jessica Placzek, Erika Aguliar, and Olivia Allen-Price. Bay Curious is made by Olivia Allen-Price, Jessica Placzek, Paul Lancour, Ryan Levi and Suzie Racho. Additional support from Julie Caine, Ethan Lindsey, Katie McMurran and David Weir. Theme music by Pat Mesiti-Miller. Ask us a question or sign up for our newsletter at BayCurious.org. Follow Olivia Allen-Price on Twitter @oallenprice.

Transcript

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0:00.0	From K-QED. I'm Olivia Allen Price, and we're on day three of Bicurious Prop Week.
0:08.0	Today we're digging in on Proposition 5. Proposition 5 would basically expand Prop 13.
0:17.0	Prop 13 passed 40 years ago and gives property owners low low property tax rates with only tiny increases and now with the state and
0:26.3	especially the Bay Area in the middle of a housing crisis voters are being
0:30.7	asked to double down on prop 13.
0:33.2	Problem is it doesn't really increase the housing stock.
0:36.0	Today, Erica Aguilar and the team at the Bay Podcast will dig into the pros and cons of prop 5.
0:41.8	Stick around.
0:43.0	Support for Bay Curious
0:49.0	Support for Bay Curious is brought to you by Sierra Nevada Brewing Company, still family owned, operated,
0:55.8	and argued over. Explore their brews wherever fine beverages are sold and taste how trailblazing runs in the family.
1:03.0	Visit Sierra Nevada.com to find your new favorite beer today.
1:07.0	So let's start at the beginning if you're
1:11.0	first of all tell me your name and a little bit about yourself.
1:14.4	Oh God. Kenneth Wilkins is a long time resident of North Oakland.
1:19.8	Scott Schaefer is senior editor of the California Politics and Government desk at K-Q-E-D.
1:27.0	Just spell your name for me.
1:28.0	Kenneth.
1:29.0	K-E-N-N.
1:31.0	He's been there.
1:32.0	He was born, basically, in the area.
1:34.0	And you, so you moved here, you say 86?
	...

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