Property taxes are not all created equal in California. 'Prop 13' does hold it down...to an extent. Bond measures, and some counties, like Riverside have high property taxes. Yes, any construction with permits will increase it. Remember, even a million dollar home will be at least 8-10K (or more) a year in taxes. IF the politicians get their way, Prop 13 will be no more...good luck! That, and many other reasons I got the hell out of California...and never looked back. Just me.
The issue with Prop 13's repeal and the fact I don't see it happening is it will cause a lot of people to lose their homes who can't afford the taxes. People who've bought their home decades ago for some of the cheap prices our generation were told those who came before us were able to buy them for, along with attending college.
The construction language is interesting. I was able to remodel a lot of the interiors without pulling permits so nothing came up. I know plenty of people who've done window changes, either full frame or slip ins without the required permitting. "It was like this when I bought it!" It's a messed up system and it has contributed to lack of tax funds but with the way the state taxes everything and the MJ generation, honestly it's still a mess.
The income tax, bracketed and with heavy legal deductions is still decent even with taxes on realized shares and conversions. I compare it to companies I invested in over a decade ago which are worth a lot more now. It's good to know I'm good there but the tax at sales is a bitch. I'm back and forth between NV and CA. Whether is relatively the same minus the beaches.
Don't see myself living here so I may end up selling the house here for gain or keep it for that airbnb nonsense. I'm not hurting for money, but it's just another expensive down the road. Houses, regardless of how new or old, don't like to not be lived in for long periods of time.
The CA politics are funny man. There's "Liberals" like Pelosi and there's the Liberals like AOC who want to get rid of that stuff. I see where AOC is coming from, as a Democrat myself, but I'd rather keep things how they are. Ultra liberals like that do not last, my friend. Democrats and old school Republicans are more alike than they'd care to admit. Keep stuff the same, mildly improve now and again, and don't mess with people's stuff. Seems fair enough to me.