Yeah, without being a policy junkie I think a reasonable step would be to have Prop 13 only happy to primary residence — investment real estate would be subject to a “wealth tax,” but folks wouldn’t get priced out of their primary home due to gentrification.
Cryophilia@lemmy.world 3 weeks ago
Prop 13 should also not apply to inherited houses. It’s creating a class of landed gentry who were lucky enough to have parents living near the housing boom, and pricing out anyone who moved here in the last 20 years.