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Re: why do SF real estate prices bother right wingers so much? [Dapper Dan]
Well you happen to live in one of the few states or areas that have a tiny bit lower property tax than us. My point was not that we are the lowest, but looking at oldandslow's chart we are near the lowest at .77.

Of course if you move from Hawaii it will be even more, but move from Texas and you hit the jackpot!! And here it just depends on how long you have held onto your house. Some only people who live in Malibu pay $2k for a 4 million dollar home, as long as they have been there since inception. Other people who have had huge appreciations on their homes, which is not unusual in CA, will be paying a small % of that real value in taxes. Like I said, it gets fixed at purchase, and if you home goes up 40% in the next 5 years(not unusual) you are still basically paying on that original purchase price plus a couple % a year as a cap that it can go up.

In you case it is just a matter of where you really want to live I guess, Folsom is pretty nice, close to the Sierras and some spectacular training and vistas. Too cold for my liking in the winter, but love that place in the other 3 seasons..

https://www.usatoday.com/...es-and-dc/100314754/
Last edited by: monty: Mar 7, 18 10:53

Edit Log:

  • Post edited by monty (Dawson Saddle) on Mar 7, 18 10:53