[quote=4plexowner]there are issues with Prop 13 – it could well be reformed[/quote]
There are some inequities WRT prop 13 and non-residential property but with the way our state spends money, the minute the protection on the residential home owner is removed be prepared for a housing collapse that makes the current one look like a blip. We are in a severe recession and yet the fed, the state and the city are ALL raising taxes/fees and sticking it to the citizens. If you think that property taxes are any different you’re high.
Screw with prop 13 or the home mortgage interest deduction and I’m walking away from my house and I’m sure many feel the same way.
