Well that’s exactly the point - Prop 13 strikes a compromise. It allows for yearly property tax based on what the person could afford when they bought the prop

Well that’s exactly the point - Prop 13 strikes a compromise. It allows for yearly property tax based on what the person could afford when they bought the property. That’s a reasonable compromise. People still get to own and live in homes and not be driven out by the actions of others over which they have no control. And the community gets a reliable long term revenue stream, that is relatively stable even though boom and bust cycles.