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Elections Simplified

I: Changes to Real Property Transfer Tax

Unofficial result: Failed

Source: sfelections.org

San Francisco city, California
My vote power: High

What does this measure do?

Supports: Housing Affordability

Opposes: Government Spending Reduction

San Francisco would cut in half its tax on property sales of $10 million or more and add a new tax of about the same size that goes mainly to affordable housing and homelessness prevention. Sellers of high-value property would pay about the same, with the money set aside for housing.

More about this measure

Proposed by: Citizen petition filed by members of San Francisco DSA (proponents Scott Feeney and Tuesday Rose Thornton)

Members of the San Francisco Democratic Socialists of America, a socialist political group. Former Supervisor Dean Preston champions it; Mayor Lurie opposes it.

Source: growsf.org

A YES vote means

The city splits its tax on big property sales in two, and the new half is set aside for affordable housing and keeping people housed.

A NO vote means

The tax on big property sales stays as it is, and the city can keep spending it on anything.

Campaign Finance Information

Campaign Finance Information

Largest donors supporting

  • Saikat ChakrabartiEconomic policy director$150,000
  • Dean PrestonPolicy advocate and former San Francisco supervisor$117,500
  • Dylan Hirsch-ShellBusiness owner, per campaign filing$105,000
  • Charles Good · OHNot employed, per campaign filing$25,000
  • Aditya BhumblaSoftware engineer$15,250

Largest donors opposing

  • Electrical Industry Service Bureau, Inc.Electrical workers and contractors labor-management group$50,000
  • Core Urban Holdings LLC and Affiliated EntitiesCalifornia holding company; owners not named in filing$50,000
  • The Prado Group, Inc.Real estate investment and development company$50,000
  • Members’ Voice of the State Building and Construction Trades Council of CaliforniaConstruction unions’ political committeeIts top donors: State Building and Construction Trades Council of California$50,000
  • U.A. Local 38 COPE FundPlumbers union PAC; funders reflect 2026 member giftsIts top donors: Julian Bernard (plumber/pipefitter); Joshua Powell (plumber/pipefitter); Michael Cronin (plumber/pipefitter)$25,000

Some of this money went to groups that also work on other measures.

Filings as of September 22, 2026 · Sources: campaign.sfethics.org2

Sources: media.api.sf.gov2

Source: campaign.sfethics.org