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Atleast deferred payments due on sale. That's the actual feasible political solution to California's prop 13 conundrum. Ok, it's impossible to raise effective property taxes to 1% (which causes some of the insane housing prices due to low carrying costs for speculation), because it would reduce the ability for some retirees to pay because they didn't budget for it, and they'll always vote against it. Then at least defer those taxes until time of sale.


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