&gt;And what about home owners that couldn&#x27;t keep up with rising taxes after purchasing their home?<p>So much wrong here.<p>#1 they can sell their homes at <i>huge</i> profits (otherwise the taxes would not be hurting them).<p>#2 they can support building enough housing so that prices aren&#x27;t jumping so unafforably.<p>#3 They could have set the maximum increase at 5%, or CPI + 2%, or really anything other than 2% which is clearly a hugely bad policy.<p>Prop 13 is simply a way for people who got in early to prevent anybody else from enjoying California.