6 ms·

That is correct. Source: just bought my first home in CA. Taxes were surprisingly reasonable

• zamfi 6y ago
  Not correct: your taxes will go up annually by 2% or CPI, whichever is lower. Granted, this means they will grow substantially slower than historical property appreciation, but it’s not 0. Also your property taxes start out at 1% of assessed value, which is very low compared with many other high-wealth states.
  • jjav 6y ago
    The above is factually correct.
  • deleted 6y ago
    [deleted]