As a resident of a nearby state whose real estate market keeps rising because of the steady flow of people forced to leave California because they can't afford

As a resident of a nearby state whose real estate market keeps rising because of the steady flow of people forced to leave California because they can't afford it, my favorite of the dumb propositions that is destroying California is Prop 103. Among other complicated things it specifically enumerates what tools homeowner (and auto) insurance companies can use to set rates (global climate catastrophe models? Not a thing when they voted in 1988, so now they can never be used). It also created the Consumer Intervenor process so it takes about two years for a rate hike to be approved, and companies have to prove that they are only using the approved methods and nothing else. This is the reason the California homeowner's insurance market is in grave danger: the company runs the "real" model which tells how much they will pay out in damages over the course the rate period, then they have to figure out a way to justify it to the (as a result of the prop, now elected) California Insurance Commissioner in the face of the Consumer Intervenors (who get their costs, expenses, and attorney fees covered out of the company pocket if they win and the rates aren't approved). If the company doesn't think the lines cross, then they don't offer insurance and start to withdraw from the market. This is why California's homeowners insurance market is so dysfunctional, because of a proposition that passed 35 years ago with 51% of the ballot but now effectively cannot be changed or amended.