[quote=flu]So I’m not sure what her concern is. I don’t think we’ll have a flood of buyers changing that anytime soon. Property values should stay “stable” there and not move that much, which it sounds like is what she wants…[/quote]
There can’t be any buyers because there aren’t any sellers. Everyone has owned their home since before prop 13, (most have lived there for over 100 years) and then pass their homes on to their children who rip off everyone else by not selling and continuing to have very low property taxes.
