This article is remiss in not mentioning how Jarvis et al. also got commercial property included in Prop 13. With many commercial properties held in trusts and corporations, the ownership never "changes" and generations of beneficiaries pay a pittance in taxes on incredibly valuable real estate. San Francisco, in particular, strikes me as a city awash in properties that haven't changed hands in generations because even a crappy old warehouse practically mints income.
Thankfully, Californians have the opportunity to correct this giveaway with a vote for a split-roll in 2020[0].
Thankfully, Californians have the opportunity to correct this giveaway with a vote for a split-roll in 2020[0].
[0]https://www.sfchronicle.com/politics/article/Change-in-Calif...