[parker_mountain]

Funnily enough, one of the biggest problems this state has is Prop 13. It's hard to repeal, although we've had 40~ years to fix it.

> Passage of the initiative presaged a "taxpayer revolt" throughout the country that is sometimes thought to have contributed to the election of Ronald Reagan to the presidency during 1980.

[LexGray]

I’ve seen quotes that something like 40% of all California politics revolve around prop 13. The promise your parents aren’t going to lose their house from arbitrary reassessments is a strong one (instead it will because they can’t afford medical bills). Prop 19 (2020) at least put a dent when it came to multi-home ownership and inheritance.

[seehafer]

Prop 13 was an effect, not the cause. The cause was and remains a lack of housing supply. Prop 13 was a knee jerk reaction to skyrocketing property values in the 70s caused by (among other things) policy (largely NEPA and CEQA) that was weaponized to make it ever more difficult to build.

[parker_mountain]

Yes, I wouldn't say it's the biggest problem. But it has created a serious block against housing liquidity. Something that protects seniors and those on fixed incomes from losing their homes is good - lots of states have laws like that - but prop 13 is fatally flawed.