> Getting rid of Prop 13 and raising taxes to tech market rate is the equivalent of deporting someone from their home.
The correct solution to address both the problem of growing property taxes (due to growing land values) and the housing shortage is to zone the lots to encourage growth, as promoted by Strong Towns (https://www.strongtowns.org/journal/2017/6/12/the-power-of-g...), not to give a special tax break to long-time homeowners at the expense of renters and new homeowners. This would enable homeowners to pay the higher taxes without being displaced as well as serve more households.
The correct solution to address both the problem of growing property taxes (due to growing land values) and the housing shortage is to zone the lots to encourage growth, as promoted by Strong Towns (https://www.strongtowns.org/journal/2017/6/12/the-power-of-g...), not to give a special tax break to long-time homeowners at the expense of renters and new homeowners. This would enable homeowners to pay the higher taxes without being displaced as well as serve more households.