Since the city can’t raise taxes on existing homeowners they have more incentive to build new strip malls and new subdivisions. Can you say “Urban Sprawl?”
Texas has no prop 13 and Texas counties frequently re-asses residential properties. In Texas, you pay taxes on what the county says your property is worth today, no matter if you bought it twenty years ago or not. And Texas is NOTHING BUT suburban sprawl. San Diego, for all its problems, is a masterwork of urban planning compared to places like Dallas, Houston, San Antonio, or even North Austin. If anything, prop 13 keeps people planted in their houses because they can’t afford to sell, thus reducing churn from old houses to new ones and limiting suburban sprawl.
