> it makes no sense for landlords to pay artificially low property taxes The core problem is Prop 13, not that Prop 13 doesn't exclude for-profit properties. T

> it makes no sense for landlords to pay artificially low property taxes The core problem is Prop 13, not that Prop 13 doesn't exclude for-profit properties. There are a ton of property/owner classes that should absolutely not get the Prop 13 discount. Malcolm Gladwell did an episode on why golf courses (specifically member-owned courses) in California are massive misallocations due to Prop 13.