Dowell Myers, Professor of Urban Planning and Demography at the USC School of Policy, Planning, and Development will lead a discussion on this and more during a luncheon on Wednesday in Sacramento (click here for details).
Dramatic increases in house prices in the 1970s drove shocking increases in property taxes, and the innovation of Proposition 13 was a much needed solution.
Today the 40 percent decline in house prices has removed the underpinnings that made Proposition 13 work.
A lot has also changed in 31 years, and it is time to look at the new demographics of Proposition 13, how those are tied to trends in house values and tax assessments, and what is the outlook going forward.
To come to the luncheon, RSVP through Adele Wilson (email@example.com) as soon as possible, as seating is limited.
Date: November 4th, 2009
Time: 12:00 pm – 1:00pm
Location: California Chamber of Commerce
1215 K Street (Esquire Building)
14th Floor Conference Room
Sacramento, CA 94814
RSVP: Adele Wilson (firstname.lastname@example.org)
Future discussions include:
Nov. 12, 5:30 to 7:30pm – CA Politics: Where are we and where are we going? An evening with political commentator and USC SPPD Senior Fellow Sherry Bebitch Jeffe, Ph.D.
For more, visit USC’s School of Policy, Planning and Development.