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By comparing California over the period 1970 to 2000 with other states, (using data from the US Census Bureau, not state or county-level property records) [6]: 9 Wasi and White (2005) estimated that Proposition 13 caused homeowners to increase the duration of time spent in a given home by 9% (1.04 years), and renters to increase their tenure by ...
(The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...
Gordon had purchased the property in 1999 for $76,500, but at some point, someone submitted a new deed to the Pima County recorder, using Gordon's name but changing the state from Arizona to Texas.
A bill in Washington state has already floundered in committee, and a California proposal introduced in 2023, which many of the current proposals are modeled off of, also died.
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...
The California Association of Realtors previously sponsored and financed an initiative measure known as 2018 California Proposition 5 on the November 2018 ballot that would have further expanded Proposition 13 property tax breaks for certain homeowners (primarily homeowners over age 55) by allowing them to transfer their lower property tax base ...
The state is partnering with five companies to create generative AI tools using technologies developed by tech giants such as Microsoft-backed OpenAI and Google-backed Anthropic that would ...
[23] Some of the more imaginative special assessments imposed by local governments included: (1) A "view tax" in southern California – the better the view of the ocean the property owner had, the more the owner paid; (2) In northern California, property owners 27 miles away from a park were assessed because their property allegedly specially ...