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UnquietTinkerer
4155 days ago
I honestly don't know, but if Proposition 13 is still in effect [1] then it would appear you are right - property taxes can only increase by 2% a year.
[1]
https://en.wikipedia.org/wiki/California_Proposition_13_%281...
1 comments
largote
4155 days ago
It is still in effect, unfortunately.
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lsaferite
4152 days ago
Why would that be unfortunate? I imagine it protects many people from losing their home due to out of control home valuations.
link