> Prop 13 sort of being phased out naturally
I'm not sure how you're coming to this conclusion. When the property is transferred it is reassessed and the new buyer pays the full tax, but after that the taxes effectively decrease annually (increase at a rate lower than inflation). Everyone who owns a property more than a year or two in California benefits from Prop 13.
Nothing is phasing out and it has no sunset clause.
Okay… even if things worked exactly as you say. Is the repeal going to fix education? Is it going to result in home prices going down or up? Will the change in home prices that you predict cause more or fewer homes to be built? I hate Prop 13 but I hate it for reasons of justice and equity, not because I think it will have effects that it will not.
What do you mean "if" ? Do the reading before trying to have this conversation.