Considering that lots of Californians pay practically no property tax... yes! Absolutely tax more! The current system is extremely conservative. Any time a pie

Considering that lots of Californians pay practically no property tax... yes! Absolutely tax more! The current system is extremely conservative. Any time a piece of property changes ownership, it gets hosed by the assessors. If you move to California you will be paying insane sums in property tax while living next to people who are paying almost nothing. This is an effective subsidization of people who hold property for a long time, which creates market distortions. For example, people normally sell their house and move when they retire, because they don't need as much housing and can save money by downsizing. This means more houses on the market, which pushes down prices and keeps people from living in their cars. But not in California, because a lot of people are getting the best property tax deal available in the country there.