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The most salient and controversial facet to Prop 13 wasn't the immediate rate change, but the cap on increases when a property was continuously owned.
by jdminhbg 10y ago
The most salient and controversial facet to Prop 13 wasn't the immediate rate change, but the cap on increases when a property was continuously owned.
- dv_dt 10y agoTo me worst part wasn't the cap itself - I think it's fair for residential properties, but that it was also applied to commercial properties.