Tag: California

Jan 22
How Proposition 13 Froze California’s Housing Market

When Californians voted for Proposition 13 back in 1978, the goal seemed simple: protect homeowners from runaway property taxes. Home values were skyrocketing so quickly that many long‑time residents, particularly retirees, feared they’d be taxed out of their homes. Prop 13 offered them stability, but decades later, it may be one of the biggest reasons only […]