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<p>[QUOTE=&quot;harrync, post: 5350113, member: 58588&quot;]The problem with prop 13 is that it helps those who don&#039;t need help, especially corporations, as well as those who do. I lived in Michigan about 40 years ago, and their method was much more logical. [Don&#039;t know if it has changed since then.] Everyone assessed at full market value, billed the same tax rate, but seniors could get a huge rebate [sometimes over 50%], depending on age and income. I never heard any complaints about old people loosing their homes, so I guess it worked OK.</p><p><br /></p><p>You might say homes haven&#039;t increased in MI as much as CA - true. But the house I bought in 1975 for $80,000, and sold ten years later for $200,000, now zillows at $950,000.[/QUOTE]</p><p><br /></p>

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