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threwthelookinggrass t1_j9q9x2c wrote

It’s insane that a person can buy a house in like 1970, do bare minimum maintenance, sell it for an exorbitant profit today largely driven by location and lack of supply, and have the new owner take on not only all the deferred maintenance but also a higher tax bill while the property is still hot garbage.

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hypotenoos t1_j9ry99d wrote

In California you can lock in your property taxes in perpetuity or even transfer them to another property. It’s ridiculous.

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alexp8771 t1_j9u3fxi wrote

That is because the well maintained properties are going for far more.

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