This is basically how gentrification pushes long time residents out (as I understand it). I experienced the shock of this first hand recently as my taxes increa

This is basically how gentrification pushes long time residents out (as I understand it). I experienced the shock of this first hand recently as my taxes increased by $1500+ in a single year after a recent reassessment in my city. The prop 13 issue seems pretty nuanced but a component of it is certainly helpful to low income long time residents.