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Reply to "Help me understand property taxes in Pennsylvania"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Delaware also does not adjust [/quote] California mostly adjusts when property is sold. Prop 13 put a low cap on yearly assessed value increases. [/quote] And quickly. My friend bought his big trade up home in California in Feb 2020 if he sold it today his new buyer would pay double property taxes due to huge run up in home prices since Feb 2020 which is crazy. He paid two million a home in Malibu in Feb 2020 that today is worth 4 million. [/quote]
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