Comment Re:The real question here (Score 1) 185
It's good for a long term homeowner, but messed up lots of other things.. As a kid, I remember tons of after school activities and such that _older_ kids had suddenly went away after Prop 13 went in. (Probably more than after school activities, but that's what I remembered at the time...)
(I bought a few years ago, so I have a high purchase price, but will "benefit" from Prop 13 if values go up higher and I thus don't have to pay hugely increased property tax.. But I do think things should be more even across the board.. NOT wealth distribution, but I would do away with subsidies, even ones I benefit from, like mortgage tax deduction -- that would simply get me to pay off my mortgage rather than make more investing the money, like I can do now.)