For those opposed to Prop 13, I would submit that you haven’t had to live through and experience unrestricted property tax situations like they have in other states.
In Milwaukee, for example, everybody’s property is re-assessed Every. Single. Year. Same with Texas. Just ask someone in the Houston area how much they pay in property taxes. How would you like to pay 5-7 times what you’re now paying in property taxes – no matter how long you lived there?
That’s what happens without a Prop 13 style restriction in place. Don’t like that your neighbor pays less? Tough. I be you won’t be complaining 30 years from now when you’re paying way LESS than the neighbor on the other side 😉
