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California does reassess properties, but it is meaningless because of the protections afforded by Proposition 13. The law passed by the citizens says max 2%/year increase in property tax. Liberals have been conniving ever since it was passed to get it modified or revoked/repealed. Every year they introduce a new scheme to gut it.

The big plus is people can stay in their homes.

The big minus is people cannot move to a similar home in another location because their tax would double, triple, quadruple or more. So people are "trapped" in their homes (even with two front doors they can't get out) -- they cannot afford to move.

A state law was passed that gives homeowners who are least 55 a once-in-a-lifetime chance to transfer the property tax base from their primary residence to one of equal or lesser value. This lets longtime homeowners who have a low property tax assessment thanks to Proposition 13 avoid a potentially steep tax increase, even on a cheaper home. However, the replacement home must be either in the same county as their current home or in one of 11 counties that accept intercounty transfers of property tax assessments. El Dorado County is one of them. In the Bay Area, only San Mateo, Santa Clara and Alameda counties participate.

As you would imagine, counties do not want an influx of people bringing their low property tax with them. Who would a county want to buy a house? A retired couple bringing their $2,000 per year Prop-13-protected tax rate with them? Or a new young couple buyer who would pay $8,000 per year? So not many counties participate in the program. Some that did quit participating when they realized what was happening.