Time to remind everyone again that @UofCalifornia had no tuition until voters passed Prop. 13 and cut property taxes. (Yes, a previous generation chose to indebt you so they could have overvalued houses.) https://twitter.com/kimmaicutler/status/1070204442966818817?s=21 … https://twitter.com/annehelen/status/1094259607780831232 …
Overall including income? Or just property tax. If we had a different rate structure, that would also be reflected in lower property values and more public capture of unearned land increment for schools and infrastructure.
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You’re looking at WalletHub’s ranking, which just looks at the rate on the median priced home across the whole state and doesn’t factor in caps tied to price originally paid.
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