Harvey Realty, Inc.

Support Proposition 98 and oppose Proposition 99!

Both propositions will be on the June 2008 statewide ballot. Proposition 98 would impose an outright ban on the use of eminent domain to take any private property – including homes, business and farms – for another private use. Obviously, using eminent domain to take property for a public use is not affected.

One of the many benefits of Proposition 98 is that it prohibits future imposition of rent control and inclusionary zoning. Local governments will not be allowed to impose any new rent control – as units are vacated, rent controls will be lifted. Opponents are circulating misinformation, claiming that Prop 98 would displace current tenants. This is simply not the case. To be clear, Prop 98’s rent control provision would only go into effect when an apartment or mobile home space is voluntarily vacated.