If they approve the budget and tax increase, the resale prices of their homes will suffer.
California passed a law in 1976 giving the artist 5 percent of the entire resale price on any profitable sale.
One new requirement the judge set would use a home's resale price as the minimum amount for its assessment, starting in 2004.
"Cadillac is looking at doing something in the secondary market because they're worried about resale prices," he said.
Other companies have used more direct means to support resale prices.
The most important, she said, is the limit on the resale price.
He said resale prices for them started at about $300,000.
There are certain cases in which this setting of the resale price can be justified.
The highest legal resale price would be $71.50, plus tax.
Meanwhile, the median resale price of homes rose to $162,800 from $154,700.