[cheriot]

> "All because a bunch of people with more money than you are now willing to pay a bunch of money for your neighbors' places."

You're missing the part where city policy creates the housing shortage. It's the city that approves zoning for a huge number of offices and then refuses to allow more homes. The homeowners reaping these massive rewards are who vote in favor of the housing shortage.

There's easy ways to deal with the down sides of increasing property values. Delay the payment to sale or even tax the value from some number of years ago.

> Moving is hugely disruptive to people's life

The housing shortages in CA are doing this to renters and anyone else that's forced to move. Older couple that can't handle stairs, growing family, etc.

Prop 13 is a horrible way to address any of these problems.