Late to the party here, but yeah 100% I believe in property tax like more or less every other state has done. The way California has done property tax is hilar

Late to the party here, but yeah 100% I believe in property tax like more or less every other state has done. The way California has done property tax is hilariously bad, commercial properties get no cost basis step up forever? until recently People can inherit property with infinite value without a reassessment? come on. Imo prop 13 is at the root of most of the state's problems. The reason people lobby for prop 13, particularly older property owners who vote, is because of the appreciation you mentioned. That should not be happening in the first place, because the state should not systemically under-build housing. The government policies which cause that underbuilding are lobbied for by the same demographic that enjoys the benefits of prop 13. If it's for personal preference in lifestyle or a quest for artificially increasing home value it doesn't matter there's no reason to create an aristocracy in California. We need to change those policies so we can build enough housing supply to meet demand, and treat housing like a commodity good that it is. Instead of this absurd game where we underbuild on purpose and patch over the issues to the best of our ability for the benefit of a relatively small supply of homeowners who bare none of the social costs.