You're very right to be skeptical. Increasingly, "homeowner" is becoming strongly associated with class, especially in urban and suburban California. Eventuall

You're very right to be skeptical. Increasingly, "homeowner" is becoming strongly associated with class, especially in urban and suburban California. Eventually the older/wealthier people pass away and the younger people wonder why they can't afford a home, even though they work the same job that their landlord's grandma did. The demographics of prop 13 support are pretty interesting. The slope for prop 13 support is overall trending negative as time goes on, but the "intercept" is still quite high. Hence my statement that I think we're still a few decades away from it becoming a common rally cry for voters – whereas today it's a third rail. FWIW this tax would also explicitly not affect "ordinary" homeowners. I think the main issue is that people are not imaginative enough to dream of a progressive property tax, since it's not progressive today.