Well, won't this be an interesting battle over CA housing costs, property taxes next year? http://www.sacbee.com/news/politics-government/capitol-alert/article48004310.html …pic.twitter.com/LpYp8UDJmS
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@dannysullivan @louisgray I don't see that as the case. Prices set by demand & income, capital of buyer. Prop. 13 already inhibits turnover.
@kimmaicutler but we clearly have had huge amounts of turnover in years after prop 13 even during housing bubble. doesn't seem to inhibit
@kimmaicutler i sure wish they'd fix that loophole or whatever it is with commercial property, though
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