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They should change the 2% limit to change according to the CPI. Interest rates were crazy high in the years when it passed, now that rates are low it's rewardin
by gnarcoregrizz 8y ago
They should change the 2% limit to change according to the CPI. Interest rates were crazy high in the years when it passed, now that rates are low it's rewarding those who bought when rates were high (and prices were low). Prop 13 just defies all sense