Prop13 Subsidy Mapping Project: Difference between revisions

[[File:Kim-Mai Cutler on Twitter EMP.jpg|thumb|right|400px|it's cookin' on Twittah]]In the Bay Area and California, like other high-growth regions around the world, there have been dramatic rises in property values in recent decades. Additionally, in California, the [[Proposition_13|Proposition 13]] tax-limitation measure of 1978 means that there are sometimes large disparities in the effective tax rate paid by residential property owners vis a vis estimated property market values and a situation in which those owning for longer pay lower property taxes. ▼