I think prop 13 is the real target... Someone told me today that there are 3 separate measures in Sacramento right now that are aimed at increasing property tax on commercial property. Well, we know what'll happen if one of them passes... bit by bit, they'll take the caps off all the property, first commercial, then high value personal property, until we're all paying huge, inflated amounts.
A lot of people, particularly the elderly, will lose their homes.