Originally Posted by
OpieTaylor
Identical means same sales price, in which case they would pay the same.
It’s not fair to repo paid off property because taxes spike due to comps.
If most buy a house at the same % of their income then the taxes stay commiserate with their salary.
That is the point of sales price equaling assessments. Anything else is just a guess.
But this is also why you get such expensive govt in CA, most of the population doesn't see any additional property tax burden, just those who have come lately. If my neighbor still had the 1990 police/fire station services, then it'd be more fair, but everyone gets the same service, but just for ridiculously different prices. Prices go up, property tax revenues roll in whenever property actually changes hands.