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> You can't understand prop 13 without understanding the environment in which it was passed. The price of houses was shooting up 20-30% a year, and people who h
by eli_gottlieb 11y ago
> You can't understand prop 13 without understanding the environment in which it was passed. The price of houses was shooting up 20-30% a year, and people who had owned their houses for decades were being forced to sell because they couldn't pay the taxes.
Is that very different from the present day, in which there is very little property tax?
- gozur88 11y agoThat's my point. It wasn't different, so people who say getting rid of prop 13 will somehow cause house prices to fall are probably wrong.