Prop 13 is a way for politicians to by votes with taxpayers' money.
It prohibits reassessment of a new base year value except in cases if there's a change in ownership or for new construction. The current owners can afford to live there but their kids can't buy a house in the same town or county because any new owner ends up paying significantly higher taxes in order to cover the gap because their neighbors pay less - for the same services.
The only way out of the government financial hole is to cut spending which politicians won't do because current homeowners don't feel the impact since their taxes are capped.
"We were here first, you pay more because you're the new guy" leads to unsold houses because the taxes are too high. The houses then get rented to packs of illegal aliens, including MS-13. It's been going on for more than a decade in Long Island, New York. Yes, the Democrats' solution to the spending problem is to spend more and declare "Sanctuary Cities" in order to fill them with illegal aliens.
It is NOT coincidental that California is being overrun with illegal aliens.
The problem is that I don’t believe ones home should be taxed at all let alone increasing on a regular basis. These like seniors, are on a fixed income and could end up not being able to stay in their homes as they age. Plus with the taxes you never really own your home the government does.