Proposition 13 Basics
California's Proposition 13 caps property tax increases at 2% annually regardless of market appreciation. When a property sells, it resets to market value-based taxes.
Tax Rate Variability
Effective property tax rates vary by county and location. Coastal and urban properties often face higher tax burdens. Research specific property taxes before buying.
Long-Term Implications
Property tax advantages accumulate over time for long-term owners. Buyers planning to stay decades benefit significantly from Prop 13's protections against tax escalation.
