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Economy

SunSeeker

(54,049 posts)

3. Yes, that is the scam behind Prop. 13.

Reply to Old Crank (Reply #2)

Tue Dec 24, 2024, 02:28 AM

Yesterday

It's why individuals are paying a larger and larger share of CA property taxes each year compared to corporations. Corporations never die, so they never get their basis bumped up to market value. Disney pays pennies on the dollar for Disneyland property taxes compared to homeowners in the surrounding neighborhoods. May Howard Jarvis rot in Hell.

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Highlight:

Insurance and Taxes Now Cost More Than Mortgages for Many Homeowners [View all] usonian Monday OP

It seems Florida is not the bargain it once was. Hassler Yesterday #1

There's always something. usonian Yesterday #4

And commercial property Old Crank Yesterday #2

Yes, that is the scam behind Prop. 13. SunSeeker Yesterday #3

Corporations never change ownership. Old Crank Yesterday #5

Yup. It's infuriating. SunSeeker Yesterday #6

Such homeowners would be better off bucolic_frolic Yesterday #7