What can you infer was the intended effect of California's Proposition 13?

Name: What can you infer was the intended effect of California's Proposition 13?
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Proposition 13 was a ballot measure passed in California in 1978 that aimed to cut property taxes by limiting the amount of property tax that could be assessed on real estate to 1% of its market value and capping any increases at 2% per year. This was done in response to rising property values and growing property tax bills for homeowners.

What Can You Infer Was the Intended Effect of California's