[dubfan]

> If your valuation rises, you might be forced to move by taxes. If it drops, you lose services and the place starts to get grubby.

Or, if you live in SF, Seattle or Portland, your taxes go up but you still get poor quality services and everything is still grubby.

[Kalium]

Not SF. In California, property isn't re-assessed like it is most places.

[dllthomas]

It's reassessed, but the increase is capped.

[fallinghawks]

I beg to differ. I get re-assessed every year.