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> The property taxes aren't especially high

Capped at 1% of assessed value, California property taxes under Prop 13 are notably low. You-might in theory in SF, or some parts, have high Mello-Roos fees (which are parcel taxes not tied to value), though I don't think that's he case.

> prop 13 means they can't go up more than 1%/year

Assessed value for tax purposes is limited to 2% annual increase under Prop 13, not 1%.



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