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Property taxes are capped at 1%, and assessment appreciation is tied to inflation. Lowering taxes isn't the answer here. Now if you want to talk about impact f
by jdavis703 7y ago
Property taxes are capped at 1%, and assessment appreciation is tied to inflation. Lowering taxes isn't the answer here.
Now if you want to talk about impact fees you might be on to something...
- wallace_f 7y agoThat's true, but that is just traditional property taxes on homes in California. As you noted, there are other taxes and even regulatory capture that drives up costs of new home ownership.