Primarily, for me. My folks pay ~$150/mo in sum total of taxes, electricity, etc. (no more mortgage now, so large caveat). Their neighbors, in the exact same house plan, who paid ~$950k, most likely pay ~$4500/mo. My folks have nothing to say to them, they live in totally different worlds despite being neighbors. The neighbors on the other side are pretty much meth-heads, but the trust scheming makes their monthly payments a bit more than my folks. Imagine that, you pay ~4.5k/mo, two hours out into the 'burbs, and then 2 doors down is a literal crack-house. Prop 13 just distorts things so much, it destroys neighborhoods by freezing them.