I have heard of it but did not realize it did not apply to all
properety taxes. Prop 13 is also supposed to bee politically
untouchable, so good reason not to buy here if you ask me.

On Sun, May 16, 2010 at 6:03 PM, Cameron Childress <[email protected]> wrote:
>
> On Sun, May 16, 2010 at 7:18 PM, Dana <[email protected]> wrote:
>> ah. perhaps.
>
> If you buy a house identical to your next door neighbor, with an
> identical valuation, you are going to be paying more property taxes
> then they are.  Sometimes exponentially more.
>
> There is real reason this think that if Prop 13 never existed,
> California would not have a budget crisis right now at all.
>
> http://repealprop13.org/
>
> -Cameron
>
> ...
>
> 

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