You pay property tax on the assessed value of a piece of property.
>As soon as you buy property, you are benefiting from prop 13 yourself.
Based on what? Newer homeowners are carrying more of the tax burden than they would have without prop 13.
Yes, but as soon as they buy they start to benefit from their own taxes not rising.
You pay property tax on the assessed value of a piece of property.
>As soon as you buy property, you are benefiting from prop 13 yourself.
Based on what? Newer homeowners are carrying more of the tax burden than they would have without prop 13.