Many other states (most?) have homestead exceptions that essentially achieve the Prop13 stability but are limited to a single primary domicile. No commercial p

Many other states (most?) have homestead exceptions that essentially achieve the Prop13 stability but are limited to a single primary domicile. No commercial properties, no investment properties, no vacation properties-- and the ability to preserve the benefit when you move tends to be much more limited (a difference of debatable merit). It's a false dichotomy to suggest that the alternative to prop13 is market-rate set taxes on people's homes.