> Making it harder for cities to have predictable taxes and requires higher property taxes (but only for those that have bought recently), But property taxes f

> Making it harder for cities to have predictable taxes and requires higher property taxes (but only for those that have bought recently), But property taxes for homeowners are very predictable My concern is government always wants more money - prop 13 put a hard limit on that. Prop tax money should be vey predictable for cities - assume no houses are sold, yearly increases around 2%, work with that > Just seems insane that when house prices spike (see problem #1) that cities are often on the verge of bankruptcy. What’s the correlation here? Don’t get it