The problem with Prop 13 isn't that it keeps taxes too low, it's that it disincetivises downsizing by making your taxes jump when you move into a smaller place.

The problem with Prop 13 isn't that it keeps taxes too low, it's that it disincetivises downsizing by making your taxes jump when you move into a smaller place. I don't think it's all (or even most) of the problem, but it's bad legislation and definitely contributes to the housing shortage.