4 ms·

is it fair that you pay much smaller taxes compared to fresh buyer?

• Sohcahtoa82 2y ago
  Maybe not. In this case though, "new buyer" will only refer to new construction. A buyer of an existing house keeps the assessed value. It doesn't jump.
  • riku_iki 2y ago
    new buyer of existing house will have tax reassessed base on transaction (current market price)
    • Sohcahtoa82 2y ago
      Not in Oregon.
      • riku_iki 2y ago
        its just mean that new home buyers pay taxes for rest of the people. If the goal is to solve housing by building more homes, this is very wrong direction.