That’s not the problem for most people. The problem is to be allowed to buy a home, you have to keep paying the government every single month...In CA, in many cases they’re paying $7,000 ++ per year..
Yes you do
Cal is low in property taxes since we passed prop 13 in 78 but the dems keep trying to dump it. If you pay 7,000 in Cal you either just bought a 650,000+ house or you live in beverly hills and bought that house a long time ago.
I live in a 750,000 my taxes are 1.17 a year because it is tightly controlled by Prop 13 and go only be increased in very small increments. When 13 passed in 78 it was 1% of the 77 value. Now most counties are 1.1-1.2% increases limited by law.
Cal is very high in taxes, property taxes being the one exception.