I proudly voted for Prop 13 then because property taxes were increasing at a ridiculous rate. Old folks were being forced out of their homes who were living on a basically fixed income.
What nobody says now is that as long as an owner lives in that house their property tax increase is limited on a yearly basis, if they sell the new buyer is reassessed at the current value.
Had not CA increased their social welfare programs for all and allowed illegal aliens access to those programs they would not have had this current problem.
The libs will undoubtedly find a way to repeal Prop 13.
After Prop. 13 passed, old folks would often come up to Jarvis, hug him, and exclaim, "you saved my home!"
Even with Prop 13 our tax rate goes up 2% each year which is plenty especially since they pass parcel tax after parcel tax for the Children. We bought our house in 98 and the taxes were $3,000.00 now they are 6K. In my area the homes which are 1954 era 1000 sq. ft. go now for about 750,000.00. The taxes would be about 9K which includes the base tax rate of 1% of the purchase price (7,000.00) and the rest are parcel taxes. I cant afford to move to another Calif home I would not be able to afford the monthly payment and have doubled tax rates. California is a joke but prop 13 is helpful at least.
I never understood the legal or moral rationale for having two homeowners in identical homes next door to each other paying vastly different taxes on the property, simply because one homeowner has lived there for 20 years and the other one has lived there for 20 days.
Ironically, this situation has probably accelerated California's decline as senior citizens are effectively trapped in their homes because prospective buyers of their homes would face a huge tax increase under the reassessment.