Comment by m463

2 days ago

I think the marketing of prop 13 was old people getting kicked out of their houses.

But I think the majority of the tax avoidance goes to not-old-people, like immortal corporations that can own the land forever.

EDIT: random link - it seems like residential owners don't benefit anywhere NEAR as much as commercial, rental and industrial entitites.

https://youngamericans.berkeley.edu/wp-content/uploads/2023/...

The linked study in OP shows that the single biggest beneficiary of Prop 13 on a category basis was vacant land.

  • They reference the same site, slightly different article

    Berkeley Institute for Young Americans (2023)

    what I attached was: "Who Benefits from Proposition 13?" (2023)

    Page 2 of what I attached shows the results in a slightly different light.