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`Just look at the tax law of California, I wouldn’t own a house there either.
by xiphias2 5y ago
`Just look at the tax law of California, I wouldn’t own a house there either.
- saithier 5y agoYou mean the state with one of the lowest effective property tax rates in the country? Your property tax is pegged to 1% of the purchase price, and essentially never goes up ever again. One of the only (if not the only) state where that happens. The main reason not to own in CA is the insane purchase price, not the taxes.