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One thing that CA got right (imagine that!) was Prop 13. People in other states can't even fathom the concept. But it's one big-ticket item in retirement, IMO. Theoretically you're on a "fixed income" at that point, but what happens when your property value doubles during your retirement years? I left CA last summer and moved cross-country. We're trying to buy a home now, and about half of people look at me like I've got three heads when I mention property tax as a deciding factor of where I want to buy a house (towns here vary significantly in their taxation amounts).
I don't see Prop 13 going away. Of course I could be wrong. Politically CA does a lot of stupid things. But there are a lot of rich landowners who are politically connected enough to make it unlikely.
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1987 Venetian Blue (looks like grey) 930 Coupe
1990 Black 964 C2 Targa
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