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by jjav
855 days ago
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> https://www.officialdata.org/ca-property-tax/ To add to my previous comment, for my neighborhood, if one thought all the numbers there are true, there is 15x multiplier from the cheapest property tax to the most expensive. Which sounds wild. But if you take out the obviously wrong values, the multiplier from lowest to highest tax is actually only ~2.5x. And that's lowest to highest. The mean difference is far less, under $1K. One might say there shouldn't be any multiplier, perhaps. But the point is that the impact of Prop13 is often far overstated. |
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