No, this one: https://en.wikipedia.org/wiki/1978_California_Proposition_13
Basically, home value for property taxes gets assessed once, when you buy the property, and it can only go up by inflation after that.
Basically, home value for property taxes gets assessed once, when you buy the property, and it can only go up by inflation after that.
As long as property values are going up across the state, as a whole (of which SF is only a part of), voters tend to have a disincentive to do so.