Nordlinger v. Hahn

U.S. Supreme Court rejects CLIPI’s equal protection challenge to Proposition 13’s “welcome stranger” method of property tax assessments by which new purchasers are taxed at full market value, while long-held properties are taxed at typically far lower amounts based on earlier purchase prices; Court acknowledges that huge disparities in taxes for similar properties have resulted, based on time and price of purchase, and that Prop 13 vests its benefits in a “broad, powerful and entrenched segment of society,” but determines that the initiative measure is “not palpably arbitrary.”