[quote=bewildering]Dumb question. Does prop 13 protect tax rates even if you move out and turn the house into a rental? I assumed you had to be an owner occupier to benefit. I thought prop 13 was meant to protect old people from having their fixed costs change.[/quote]
Not only does it protect rental properties, it protects second houses that you don’t live in, and surprise, surprise, commercial properties.
Here’s an article lambasting the tax break that commercial property owners are getting from this system.
