[quote=briansd1]
Good point, but Prop 13 protection can be passed on to wealthy heirs and protect wealthy corporations that survive in perpetuity. You can transfer the share of the corporation (and thus ownership of property) but keep the Prop 13 benefits. [/quote]
The reality of Prop 13 is not the same as its sell job.
My point was that the whole “poor granny” was an effective advertising tool.
I don’t support it.
Even though it was and is good for property prices, it means that california has some of the lowest per pupil spending in the US (when adjusted for cost of living). In unadjusted dollars, we have a New York cost of living and a Nebraska or Georgia school spending budget.
For me its somewhat personal.
My wife is a teacher who regularly has classes of 40 students (80% of whom have english as their second language).