Not correct: your taxes will go up annually by 2% or CPI, whichever is lower. Granted, this means they will grow substantially slower than historical property a

Not correct: your taxes will go up annually by 2% or CPI, whichever is lower. Granted, this means they will grow substantially slower than historical property appreciation, but it’s not 0. Also your property taxes start out at 1% of assessed value, which is very low compared with many other high-wealth states.