What if prop 13 didn&#x27;t apply to investment property? How would the situation be different? Your parents and whoever could get the main benefit, and new buyers would still brunt the main cost, but at least people who want houses could possibly get them instead of investors and other people parking cash and&#x2F;or literally and technically collecting rent.<p>Sorry to link to a pay-walled article, this headline tells the story:<p>&quot;Investors With Cash Edging Out First Time Home Buyers&quot;<p><a href="http:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;investors-with-cash-edging-out-first-time-home-buyers-1455656617" rel="nofollow">http:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;investors-with-cash-edging-out-f...</a>