xavier becerra california governor runoff: Your Wallet Faces a Property Tax Shocker if He Wins
The California governor race is heading for a nail-biting runoff between Attorney General Xavier Becerra and a pro-business rival, and here’s what it means for your bank account. Becerra’s platform includes a plan to close a loophole on commercial property tax reassessments, a move that could trickle down to higher rents for you. If he takes the top spot, expect corporate landlords to pass those costs directly to tenants. That morning latte and your monthly rent check just got a lot more expensive.