A @kimmaicutler acolyte with respect to Prop 13's centrality ought to go over this time series (which is NOT time-trend-adjusted by any price index), knock off the rough edges and produce soem analytical gems.
https://fred.stlouisfed.org/series/CAPROPTAX … (found via GeoFRED)
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Not arguing anything, actually. I was just struck by the visuals, but don't have any time to think about what they really mean. If there's nothing new to see here, that's fine. Maybe I just need to play catch-up.
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P.s. I am continuously awed and pleased by what one can find via FRED.
End of conversation
New conversation -
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Property tax receipts dropping?
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