Posted on 08/03/2025 7:18:15 AM PDT by Angelino97
“If you live in your home for a few years then you will reap the benefits of Prop. 13. However if your investor trying to flip properties and mad that its cutting into your profits... No sympathy...”
Which I am not. But I do have relatives in California that would sell and move to a different location in California, if not for prop 13. They know the taxes on a different home, just because they will be the newcomer, will be way more than the taxes on their present home, even if both supposedly have the same market value.
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