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Sales reset the property taxes on properties. It was one of a few reasons I didn't buy a home in the Bay Area a few years back. Probably should have, my buddy t
by iolothebard 10y ago
Sales reset the property taxes on properties. It was one of a few reasons I didn't buy a home in the Bay Area a few years back. Probably should have, my buddy that bought his house for 500k in the city is sitting on probably 1.2-1.4m now. Not bad for 3-4 years appreciation.