posted by Commander of AwesomeAdding in property tax. What a bunch of BS. Also, not sure how it's handled in other states but in my area of CA, you're locked into property value at the time of purchase. So you bought your house in 1960, you pay taxes on the 1960 value. Basically incentives no one to move and fucks every new owner. As they have to raise property taxes extremely high for new owners to get same amount of money. Where if anyone paid market rate, on a whole every owner would be better off.
CA gonna CA