We provide our updated Proposition 30/55 revenue estimates.
We examine reasons behind lower-than-expected growth in assessed property values.
One perhaps underappreciated consequence of lackluster homebuilding in coastal California is that many workers are denied access to California’s high-wage job markets because they are unable to find housing. These workers are pushed to other parts California or beyond where their wages tend to be lower.
We provide additional data on trends in California's property taxes since the passage of Proposition 13 in 1978.
We discuss a new Census Bureau report on state poverty rates, including its Research Supplemental Poverty Measure.