CA has one of the lowest property tax rates versus other states for both residential and rentals…and has a very generous carryover tax basis when you are senior or if you die. Even with the slight tax increase via bonds. That’s one of the reasons why we’ve seen decent appreciation versus other states. and why people are able to keep homes generation to generation. Go look at the property tax rate at some red states. I don’t see any of the homeowners complain about the awesome appreciation, but complain over a slight increase in a bond initiatives?
If you can’t stand the couple of extra hundreds of dollars
PER YEAR fromm a bond initiative, then why the hell are you living in a condo in a building in downtown that most likely has a ridiculous HOA of a couple of extra hundreds PER MONTH and where you regularly need to pay for parking?????? Especially in San Diego….??
people will complain about anything on the pennies, but will gloss on the much larger useless things. like the unnecessary higher costs of parking, food, apartment style and balloon HOA fees …