You paid for it with your overpriced house with the assumption of indefinite capped taxes already somewhat capitalized in....
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To the extent that Prop 13 inhibited home construction, I benefit from ongoing unreasonable appreciation.
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The damage Howard Jarvis et al caused to California is staggering.
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It went well beyond California, but the biggest damage is certainly here.
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I was relatively young when it passed, and that was obvious at the time. Now I benefit from it, to the detriment of the next generation...
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I remember when CA's public schools were the envy of the nation. Then came Prop 13. Absolutely killed them. Prop 13 is a horror.
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Oh lord, now Prop 13 is racist. We have reached peak insanity on this subject.
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