I will pay more in property tax this year as a new owner than my next door neighbor has paid in TOTAL since they moved there in 1965. That's California's Prop 13. It's a massive wealth transfer from the young to the old, many of whom rent their homes and keep the profits
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Replying to @justindross @Molson_Hart
There at least 35 or so states that are a lot more fiscally friendly to homeowners.
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Replying to @boyetter2013 @justindross
Than Cali? Really? Texas ain’t! I can tell you that much.
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Always gotta look at the total bill of Property Tax + State Income Tax.
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tx for income, ca for retirement :)
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Florida for retirement. No state income tax and low property tax. Oh and water on three sides.
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