Why are we bending over backwards to appease them though. Renters have to leave their residences all the time due to rental increases, often after being financially stressed to a limit. The home owners could at least take out credit against their property to pay for the taxes if they don't want to move. In fact I think that's a good thing! A large number of California home owners all needing large lines of credit backed by highly valued properties could devalue the properties or cause a crash.