Amending Prop 13 by raising property taxes could help solve housing affordability crisis, expert says http://www.ocregister.com/2017/03/29/amending-prop-13-by-raising-property-taxes-could-help-solve-housing-affordability-crisis-expert-says/ …
no. There are narrower exemptions that protect people in their housing while not being a giant giveaway of unearned land value.
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I mean, you pay taxes at an assessed value of $380K, but your place is worth $2-3M.
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But other taxes and fees have been put in place to compensate so changing would require a lot of other adjustments to reduce those
End of conversation
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