On: California is chasing wealth that has feet

[m463]

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/...

[larsiusprime → m463]

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

[m463 → larsiusprime]

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.