Los Angeles Times, April 2, 2011 by Steve Lopez
http://articles.latimes.com/2011/apr/02/local/la-me-0403-lopez-prop13supporters-20110328
“You could do a gradual phase-in” of a new system, Auerbach said, but everyone over a certain age would get a pass. For younger homeowners, a gradual property tax increase would take place over several years, based on market value rather than on when a home was purchased.