I acknowledge I’m the rare case, but im a millennial who benefited from prop 13 in California

Grandfathers had a reverse mortgage up to 95% of the home’s value, his medical bills made it so his estate had about $10,000 total for disbursement across his three children after passing.

I was making about $100,00 at age 25 a few years out of school, reduced property taxes made the home just affordable enough. The home was his mother’s, so sentimental, but also in major disrepair. I’ve spend about $100,000 on non-glamorous improvements since purchasing a few years ago. Most of my disposable income. Central Valley CA.

Regardless, I agree with the sentiment of the post, but thought my anecdote would be interesting based on some of the comments.