In CA you can have your cake and eat it too. My property values have gone up 30% just in the last year and yet, with Prop 13, my property taxes will only go up

In CA you can have your cake and eat it too. My property values have gone up 30% just in the last year and yet, with Prop 13, my property taxes will only go up 2%. can you imagine the long term ramifications of such a taxation policy? the guy who made 2 million $ in equity gains over the last 20 years is paying 5 times less property taxes than the poor schmuck with 0 equity gain who just bought the same exact house at 4 times the cost. sure they're both paying a lot of property taxes but the one who just bought into the system, is paying a lot lot more.