I went to Union Square for a little Black Friday shopping and realized, once the crowds began to gather, the Macy's Christmas Tree Lighting ceremony was that day. San Francisco has many holiday traditions that generations of Bay Area residents have come to love.
I hope you and your loved ones enjoyed this holiday season.
If passed, Proposition G would impose a tax of up to 24% on the total sale price of homes with 2 or more units and single-family homes with in-law units sold within 5 years of ownership. With the median home sale price in San Francisco over $1 million, homeowners may face up to $240,000 in taxes if they choose to sell their home. This tax will scare away middle-class homebuyers, drive up prices for new renters and tenants, and damage the housing market as a whole.