Property tax on that $2 million hovel is $25,000 PER YEAR.
I paid $25,250 for my first house in Los Angeles.
Property tax on that $2 million hovel is $25,000 PER YEAR.
Well, this tells me why Vegas is being overrun by Californians moving here (and we have a lot less water than they do). They pay more in just property taxes on that tiny house than I do in principal, interest, taxes, insurance - and the home equity loan on a big pool/spa in the backyard - on a decked out house more than three times the size on 1/3 of an acre. California may be the most insane place on the planet - but the irony is what that Southern Cal Freeper said earlier...there are probably more conservatives by raw number in California than in any other state, theyre just overwhelmed by the sheer masses of leftist immigrants, hard-core gays and the uber-rich white limousine communists.