County governments in the nine Bay Area counties want to INCREASE the cost of your housing by raising property taxes – taxes that will last up to 53 years and may cost you $40,000 or more.  In November, they will ask you to vote for $20,000,000,000 of new bonds with new, additional property taxes. The real cost is estimated to be $48,281,750,400 with interest.

Called Regional Measure 4 (“RM4”), they falsely claim it will build “affordable housing,” but it will make your housing less affordable! There are no exemptions for seniors, the disabled, or veterans. The tax isn’t limited by Prop. 13. 

Renters will pay more, too, through increased rent. Falsely-promised tenant protections are an illusion and cannot be funded with these bonds under California law. In the fine print, those proposing the bonds admit “allocation(s) for Tenant Protections may be … redistributed [elsewhere].”