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A comment on California population declines for first time in more than a century. Parent comment

Re:California population declines for first time in more tha... by secabeen on Saturday May 08, 2021 @09:06AM (#27086790)
They're not low, certainly, but they aren't extravagant, and they are offset by low property taxes (California 1%, Texas 1.80%, New Hampshire 2.18%), even more so once you've been in a place some years, and are benefiting from Prop 13.
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Re:California population declines for first time in more tha... by refurb on Saturday May 08, 2021 @10:50AM (#27087634)
Uh, no, 1% isn’t not a low tax rate when’s starter single family home in the Bay Area is $1M.
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Re:California population declines for first time in more tha... by seanmcdirmid on Saturday May 08, 2021 @05:21PM (#27090823)
Californian valuations are fixed in their increases by prop 13, so over time your property taxes will go down, restive to inflation at least.
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Re:California population declines for first time in more tha... by refurb on Saturday May 08, 2021 @10:07PM (#27092535)
Sure, if housing prices increase at the same rate as the last 30 years there is a huge benefit, but regardless if you buy today you’ll have a massive property tax bill.
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Re:California population declines for first time in more tha... by seanmcdirmid on Sunday May 09, 2021 @01:14PM (#27097702)
Yes, and it really isn’t fair, but prop 13 wasn’t about fairness.
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