Prop 13 distorts incentives. It's why we have private country clubs in the middle of Los Angeles, dilapidated shacks on Google's global HQ, and surface parking

Prop 13 distorts incentives. It's why we have private country clubs in the middle of Los Angeles, dilapidated shacks on Google's global HQ, and surface parking lots in San Francisco proper. It's also why California has the highest impact fees in the nation by a wide margin. We should end Prop 13 and make it budget neutral by ending our other taxes. But even if we repealed Prop 13 and then set the money on fire it'd be a win for housing.