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0b0011 t1_jbt5u26 wrote

Sure but that doesn't always mean they pay much more. In my state, house taxes are reaveluated when you buy a house and they tell you how much you have to pay then it can only go up a certain amount per year no matter how much the home value is. Ypu buy a house for 200k and 3 years later the house is worth 600k but you only pay taxes as if it were a 200k house. When someone buys it it's reevaluated and they now pay taxes as if it's a 600k house.

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