[quote=EconProf]Eugene and Bearishgirl: In considering the property taxes on a house in Austin vs. one in San Diego, one should compare the expected taxes one would be paying. Throwing Prop 13-advantaged taxpayers into the mix is a red herring.
A buyer of a CA house will pay 1% of purchase price, plus bonded debt which ranges from .15% to .25%, depending on area. Mello Roos, if applicable is on top of that, and can easily push the total to 1.5% plus.[/quote]
The “bonded debt” in SD County also includes sewer service in unincorporated areas and other services applicable to the lot, block and tract of the parcel.
It’s NOT a “red herring” to include the many hundreds of thousands of “Prop 13 eligible” owners here because we are comparing “average” SFR property tax state-to-state.
It is what it is.
Actually, the “Mello Roos bonds” can easily push a homeowner into a tax bill of 2.75% of assessed value of a “Cali” property. Do the math yourself, EconProf.
