Because CA undertaxes long-held properties, cities impose impact fees on new housing to compensate -- 40 yrs into a shortage. #prop13pic.twitter.com/JMeV2gkGLP
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when old assessments do not keep up w/ the cost of providing services.
I don't agree. My property taxes have gone up many times over the years to pay those expenses based on what I paid not future
are you in CA? We cap at max 2% per year or rate of inflation increase.
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