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![AngelenoInsight Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1865588240914505728.png) Angeleno Insights [@AngelenoInsight](/creator/twitter/AngelenoInsight) on x 14.1K followers
Created: 2025-07-11 18:56:16 UTC

🏠 Why it matters:
Without Prop 13:
•A homeowner who bought for $200K could be taxed on $1.2M market value
•Retirees, long-term residents, and fixed-income Californians could be priced out of their homes
It’s why Prop XX is seen as a tax protection law.


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**Related Topics**
[tax bracket](/topic/tax-bracket)
[homes](/topic/homes)
[$12m](/topic/$12m)
[$200k](/topic/$200k)

[Post Link](https://x.com/AngelenoInsight/status/1943746178048569545)

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Angeleno Insights @AngelenoInsight on x 14.1K followers Created: 2025-07-11 18:56:16 UTC

🏠 Why it matters: Without Prop 13: •A homeowner who bought for $200K could be taxed on $1.2M market value •Retirees, long-term residents, and fixed-income Californians could be priced out of their homes It’s why Prop XX is seen as a tax protection law.

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Related Topics tax bracket homes $12m $200k

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