More relevant, it has made it economically unattractive for municipalities to zone for or approve housing construction (housing is a net loser generally because

More relevant, it has made it economically unattractive for municipalities to zone for or approve housing construction (housing is a net loser generally because of school district costs, and Prop 13 just torpedoes future school funding) and only allow commercial or office development. That's why cities with market power in the Valley (Palo Alto, Mountain View, Sunnyvale) have 3+ jobs per resident.