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Registered
Join Date: Mar 2004
Location: Westlake Village, CA
Posts: 942
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No matter how you do it, someone will get irritated, but we 'fixed' this in CA years ago with Proposition 13. Property taxes are based on a percentage of purchase price, with inflationary increases.
So on my street of tract homes, one neighbor who bought 12 years ago pays $3000 per year and another who bought at today's prices pays $10,000 (identical house). Fair? I guess. At least you don't get taxed out of your home.
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Howard
73 914 2.0 'Suzi'
73 914 5.0 'Moby'
99 996 Tip Cpe 'Dietrich'
www.thehowardagency.com
http://www.youtube.com/watch?v=bOY2x-Uh6cU
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