Robinhood payments fund other school districts, and you can pin that on the state judiciary for mandating that.
The state has capped property tax rates at $2.50 per $100 valuation. The valuations are getting crazy with all the people moving in.
Cool.
So if a Californian buys the $500K house next door for $1.2M, my $600K house is Now worth $1.4M and my Property tax goes from $15K to $35K a year (over 3 years, of course.
If you want to turn a state Blue, this is how you do it.
People who say it isn't the Governor's Fault, can Keep saying that to the new Democrat Governor when I sell my house to a Californian and move to a cheaper state with all of the other working upper middle class.
Cool.
So if a Californian buys the $500K house next door for $1.2M, my $600K house is Now worth $1.4M and my Property tax goes from $15K to $35K a year (over 3 years, of course.
If you want to turn a state Blue, this is how you do it.
People who say it isn't the Governor's Fault, can Keep saying that to the new Democrat Governor when I sell my house to a Californian and move to a cheaper state with all of the other working upper middle class.