Kinda similar here in Oregon. Doesn't really get passed on when the property is sold but if you were lucky and got a place when it was cheap, the recent value j

Kinda similar here in Oregon. Doesn't really get passed on when the property is sold but if you were lucky and got a place when it was cheap, the recent value jumps haven't screwed you. Assessed values can only increase 3% per year. Not only that but we effectively have a 1.5% cap on real market value (if I understand it right, taxes are confusing as hell).