Gov, Jerry Brown, left, and Howard Jarvis, the architect of Proposition 13, at their first joint news conference in July 1978. Voters approved the initiative the month before. (Photo: Associated Press)
Once thought of as a sacred cow, Proposition 13, the tax revolt measure passed in 1978, is now under attack. Schools and Communities First, a coalition of nearly 300 groups and leaders, has qualified to put an initiative on the Nov. 2020 ballot that would lift caps on property taxes for commercial and industrial properties.
An aerial view of an affluent suburban housing tract in California. (Photo: Lightspot, via Shutterstock)
OPINION: Either reduce the torrent of regulatory burdens on California home builders or face a future of high housing costs and stunted economic growth. So concludes Loren Kaye, president of the California Foundation for Commerce and Education, who penned one of several articles issued last month through the Center for California Real Estate (CCRE).