Brings it into line with all other states in the country which have more sensibly priced housing market. Its crazy that someone who's owned a house in the bay a

Brings it into line with all other states in the country which have more sensibly priced housing market. Its crazy that someone who's owned a house in the bay area for 50 years pays a tiny fraction of the neighbor who bought just now. Its certainly one of the reasons CA housing is expensive. If I knew taxes were capped you can pay more. I can understand you want to reward people who stay in the area for a long time, the reward is too great IMO.