Quote:
Originally Posted by JManc
And prop 13 has been around for 40 years and fucking with it now would cause havoc for those who bought in decades ago...which is the point. You want to uproot older home owners (many on fixed incomes) and allow young professional to move in. It's not about equal taxation. It's access to their homes.
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Although it's totally off-topic, there is a real consensus for "fucking with" Prop. 13 in one major respect and that is eliminating its effect on commercial property. Landlords of commercial property can raise rents as required to negate the effect of tax hikes and it does seem unfair to disadvantage one commercial venture vs another with higher or lower taxes. For that reason, it is highly likely that a proposal to fix this will be on the ballot in CA quite soon and will pass. Of course, that will raise the average rents on commercial space all over the state which will NOT be good but that probably won't stop the change.
In respect of owner-occupied residential property, however, no. It's probably not going to change nor should it.