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Dickie B from HB · 08-25-2007, 02:56 AM

Superdawgfan-

Everyone in CA that voted for prop 13 knew that there would be that inequity.
Everyone that has bought a piece of property since 1979 knows that the inherent inequity of old owners vs. new owners exists. Further more, everyone knows that when the property sells, as all properties eventually do, it will be taxed at 1% of the sales price.

But the fact of the matter is that had prop 13 not been passed, home ownership in CA would cease to exist as we now know it, just as it will be in the lakes region in years to come.

So, if you buy a house now and live in it for 30 years, your new neighbors will pay more property taxes than you. That's just how it is.

Anyhow, if you've got a better plan, I'm listening.

DB

08-25-2007, 02:56 AM	#56
Dickie B from HB Senior Member Join Date: Apr 2005 Posts: 62 Thanks: 9 Thanked 18 Times in 11 Posts	Prop 13 inequitys Superdawgfan- Everyone in CA that voted for prop 13 knew that there would be that inequity. Everyone that has bought a piece of property since 1979 knows that the inherent inequity of old owners vs. new owners exists. Further more, everyone knows that when the property sells, as all properties eventually do, it will be taxed at 1% of the sales price. But the fact of the matter is that had prop 13 not been passed, home ownership in CA would cease to exist as we now know it, just as it will be in the lakes region in years to come. So, if you buy a house now and live in it for 30 years, your new neighbors will pay more property taxes than you. That's just how it is. Anyhow, if you've got a better plan, I'm listening. DB