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Re:The Housing Market in San Francisco and Ideas to Fix It by cowsandmilk on Thursday April 07, 2016 @10:19PM (#11452190)
Firstly, California property taxes are limited by Prop 13 to being 1% of assessed value, so your $30k tax bill can only happen if your property went to $3 million. A $1 million house cannot have a tax higher than $10,000.

There are well-established solutions to your issue about people being forced out of housing with rising demand. Massachusetts allows tax deferrals up to 50% of a property value. (If you want to get technical, Massachusetts allows towns/cities to allow tax deferrals; if your city does not want to offer it, they do not have to)

So, your $250,000 -> $1 million dollar house allows up to $500,000 in tax deferrals, so you've got a lot of years you can live in that house without paying taxes. When you sell the house, you pay the taxes and also pocket a pretty sum on the appreciation in the value of the house.

Re:The Housing Market in San Francisco and Ideas to Fix It by mdb333 on Friday April 08, 2016 @03:16PM (#11457110)
It's a bit more than 1% in SF, getting close to 1.2%

http://sftreasurer.org/online-property-tax-payment-faq#taxam...

Re:The Housing Market in San Francisco and Ideas to Fix It by mdb333 on Friday April 08, 2016 @03:42PM (#11457320)
Also possibly relevant for comparison, DC rate is 0.85... so there is already a 40% premium for enjoying the Cali weather :-]

http://otr.cfo.dc.gov/page/real-property-tax-rates