Housing and Land Use Implications of Split-Roll Property Tax Reform in California

Urban Institute, Oct. 1, 2020–Solomon Greene, Laurie Goodman, Sarah Strochak, Patrick Spauster
An initiative on the California state ballot this November would change the way local governments assess the value of commercial and industrial properties, aiming to create a fairer property tax system and raise badly needed revenue. But if passed, will the proposed tax system exacerbate California’s extreme housing shortage, as some of the initiative’s opponents argue?