Until the recently the inflation rate was really low so my property tax did track the real dollar. In fact my house lost value for the first three years. The p

Until the recently the inflation rate was really low so my property tax did track the real dollar. In fact my house lost value for the first three years. The problem with prop 13 is that it also covers commercial property. This is a serious loss to our tax base with no good reason. easy loans plus not enough building are the reason can't afford a home, not prop 13. The average length of homeownership in CA is less than five years. They turn over.