in 10 years or so when they are paying less than the house across the street when it sells to a new owner. The citizens of California have voted to keep Prop 13 alive each time Sacramento tries to get it off of the books (and they try often). Pretty much every voter was like your colleague at one point (I was a new buyer in 2000), and yet the voters still want the protections of Prop 13. That says it all.