Pretty much. Also, increasing liquidity/​mobility in the housing market. Prop 13 is an especially foolish and insane policy because it incents real estate owners not to sell, in order to keep their advantaged taxation on the house.
Pretty much. Also, increasing liquidity/​mobility in the housing market. Prop 13 is an especially foolish and insane policy because it incents real estate owners not to sell, in order to keep their advantaged taxation on the house.