"Those familiar with Palo Alto real estate say price inflation started in the 1970s." http://www.paloaltoonline.com/weekly/morgue/cover/1997_Mar_19.COVER19.html … (3/19/1997)
@JedKolko Price inflation preceded (and was a reason) for Prop. 13.
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@kimmaicutler Yes. Price run-up already underway by then. Prop 13 was effect. -
@JedKolko@kimmaicutler Prop 13 was/is gasoline on the fire. - 2 more replies
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