And one of the reasons many of us heartily support Prop 13 is that **YOU** (the buyer) are the only person who determines what your property tax bill will be.
It’s a bit like the people who complain about the “unfairness” of adjustable-rate mortgages. Everyone had the option to use a fixed-rate mortgage, but the idiots decided to use ARMs at a time when rates were historically low (instead of fixing their rates at those lows…go figure). Then, when rates rise, these ARM’ed specuvestors claim the banks are defrauding them.
Then there are the mentally-deficient who buy a house near an airport, then complain about the airplane noise and try to force the closure of the airport.
If buyers choose to overpay for a house, then they are choosing to overpay on their property taxes. Imagine if every buyer decided to stop overpaying by simply not buying at an inflated price.
If enough clueless buyers would get their heads around this fact, we wouldn’t hear so much complaining about the “unfairness” of Prop 13.
