2min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

California Land Use, The Best American City, San Francisco Politics, and more with Dan Romero

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

The Pros and Cons of Prop 13 in California

There have actually been some interesting, I want to say, I don't know if they've ended up making the ballot. Some props have been trying to chip away at this, this prop 13 issue. One of them was anything over what like $5 million assess value for commercial real estate. And it's just like, why are we letting these like rich commercial landlords get to pay like this?

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