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"Effective" rates. It accounts for prop 13, so you aren't getting .7% if you're buying a brand new home. My mom has a million dollar home in California and pa
by bcrosby95 5y ago
"Effective" rates. It accounts for prop 13, so you aren't getting .7% if you're buying a brand new home.
My mom has a million dollar home in California and pays around 1.5k/year in property taxes because she's owned it since the 70s.
- bradknowles 5y agoWhereas we paid about eight times that last year, and our house isn’t valued as high. EDIT: and we’ve owned this house since 2008.
- bradknowles 5y agoAnd we’ve owned this house since 2008.