In California the problem is mostly that over time if you've held property it's become insanely cheap to be a landlord. Prop 13 applies to every parcel in the state. Even Florida tackles this more sensibly. A person's primary residence can get a homestead exemption and that's it.

John Paul Stevens on Prop 13[1]:

In comments from the bench, Blackmun called California’s tax system “distasteful, unwise and not likely to be copied by others.”

Justice John Paul Stevens, the lone dissenter, called the state’s longtime homeowners “squires” who voted themselves “a tremendous windfall” at the expense of young people and new residents.

“Simply put,” he said, “those who invested in California real estate in the 1970s are among the most fortunate capitalists in the world.”

[1] https://www.latimes.com/archives/la-xpm-1992-06-19-mn-704-st...