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If they want to move to S.D., they might need all of their sale price. The average house is now $860K supposedly. We have friends building their home and saved enough to pay for the construction. With the price of wood and materials, they will have to take out a loan to finish the build. When Prop. 13 went into effect, my former wife & I had a smallish two bedroom home in a decent neighborhood and paid $867/yr. peoperty tax at the time. After Prop. 13, we paid$4xx/yr. Right now we pay $7K+/yr. which is sort of normal I guess. If Prop. 13 goes, all hell will break loose.
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Marv Evans
'69 911E
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