> The alternative is that we basically force people out of houses they've bought by gouging them with taxes.
I agree with Prop 13 for primary residences until death. My beef is that it also covers second homes, commercial property and with follow on Props 58 and 193, children and grandchildren can inherit the tax base in perpetuity. It creates an almost feudal system with younger generations of renters at the bottom often with very little upward possibilities.
I agree with Prop 13 for primary residences until death. My beef is that it also covers second homes, commercial property and with follow on Props 58 and 193, children and grandchildren can inherit the tax base in perpetuity. It creates an almost feudal system with younger generations of renters at the bottom often with very little upward possibilities.