Oh, and btw... long-standing corporations are STILL enjoying the benefits of prop 13, since their property never changes hands, unlike residential properties. W

Oh, and btw... long-standing corporations are STILL enjoying the benefits of prop 13, since their property never changes hands, unlike residential properties. When that issue was on the ballot a few years ago, big businesses dumped a lot of money into marketing to convince us little voters that if businesses' property taxes went up -- all of us would be hurt. So us Calif. voters gave them a pass. But now, with Prop 19, which big real estate company mucky mucks poured millions of $$ into marketing (they want to sell more properties), the working class and retired folks are getting kicked in the teeth, losing their homes. That tax program for seniors, to defer prop. tax.... it only lasts each year until it runs out of money. So I don't think that's a sure fire solution for a lot of seniors.