It seems that several commenters here assume the Prop. 13 benefits the homeowner.
I have been dissuaded from purchasing a home in CA, and Prop. 13 is one of the reasons--as one of the callers mentioned, new homeowners subsidize those that have owned their homes for longer.
Can any of the proponents of Prop. 13 here state why this is a good thing?
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The Impact of California's Biggest Tax Revolt
It seems that several commenters here assume the Prop. 13 benefits the homeowner.
I have been dissuaded from purchasing a home in CA, and Prop. 13 is one of the reasons--as one of the callers mentioned, new homeowners subsidize those that have owned their homes for longer.
Can any of the proponents of Prop. 13 here state why this is a good thing?
March 2, 2010 at 8:34 a.m. ( permalink | suggest removal )