Originally Posted by
OOfff
how does this chart notmalize for progressive income taxes? Or how someone with a high property tax relative to income might change this?
it’s rather impossible to make a comparison from california to other states in terms of property tax because of the distortion caused by prop 13. you have $5m homes with property taxes lower than $300k starter homes.
When I lived in CA 17yrs ago, we had three neighbors and all of our houses were within $50K in value of eachother but because of prop 13, one neighbor paid about $5000K in property taxes/fees annually, I was at around $8000 and the newest neighbor to move in was nearly $11000K annually all for the exact same services/schools etc.