<OT> Gee, I didn't think it could possibly be THAT ancient prop. 13. But now that you explain it, I can see why that sleeper has had some unintended consequences. (Or perhaps intended by some, but unsuspected back then by most. No?)
What looks on its face to be a limitation on an increase in property taxes that all property owners would enjoy equally, in turn develops into something very different. I see just what you mean.
Lordee, if the law is unchanged, just imagine its effects in say 20 years, when the boomers are really getting up there, and stay put forever as you suggest.
It's the kind of thing which is extremely difficult to change, politically. Because those who are benefiting from it have a very sharp sense of how much they'll be hurt if it changes. While those who are currently hurt, have only a rather diffuse, dull, and theoretical sense of how maybe they'll EVENTUALLY be helped by changing the law.
The courts may be another issue. Effective age discrimination, as you say.
Doug |