Split roll measure a bad idea in good times, now even worse

An initiative that would change Proposition 13 to require nearly all business properties to be regularly reassessed to market value has run into the hurricane of coronavirus. What was already a bad idea is now catastrophically misguided.
Coronavirus has thrown the commercial property market into chaos. Green Street Advisors reported that the value of shares of property-owning trusts fell 42 percent from February 21 through March 23. Mall values plummeted 61 percent and hotels were down 52 percen