@mattocko wouldn't the value of the homes fall to reflect the extra cost of the property taxes?
Replying to @josh_wills
@josh_wills @mattocko even in 1980, every tax dollar reduced was a $7 increase in overall property values. http://escholarship.org/uc/item/80t0102p#page-18 …
1:30 AM - 4 Jan 2016
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