In a column, California Assemblyman and gubernatorial candidate Tim Donnelly says threats to Proposition 13 — particularly a split roll tax — would eventually cause rent hikes and hurt tenants.
“There are no “free lunches,” Donnelly writes in his column. “Someone has to pay. The politicians believe they are sticking it to the income property investors – and this may be true for a year or two, but, eventually all costs get passed on to the tenant.”