It's fine to examine the negative effects of repeal, but you also have to consider the negative effects of not repealing. Prop13 is a monster that will continu

It's fine to examine the negative effects of repeal, but you also have to consider the negative effects of not repealing. Prop13 is a monster that will continue to exacerbate inequality. Families that owned homes in affluent areas pre-1970 will continue to pay artificially suppressed property tax rates in perpetuity, so long as they only transfer the house within their immediate family. In that way, Prop13 is a perverse incentive to suppress real estate transactions, which exacerbates the real estate issues we already have.