> Prop 13( CA's fixed property taxes, buy a home for 100k in 1995, you'll pay property taxes on that original value until you move) In the interest of accuracy

> Prop 13( CA's fixed property taxes, buy a home for 100k in 1995, you'll pay property taxes on that original value until you move) In the interest of accuracy, Prop 13 doesn't have fixed property taxes. It has (relevant to property taxes): 1. a low cap on property taxes (1% of tax basis value annually) 2. a limit on tax basis value increases outside of sales and other qualifying events (annual increase capped at 2% or the rate of inflation, whichever is less).