02/09/2026
It would make more sense to eliminate property taxes after 10 years of ownership…. Or once mortgage has been paid in full (whichever happens last). This way, you don’t get “investors dodging taxes” by purchasing property with cash…. But you also reward seniors and residents who’ve lived in communities… and paid their fair share of taxes and financial contributions throughout the years.
California voters may decide if homeowners aged 60 and up should be exempt from property taxes under a ballot proposal: http://www.abc10.com/article/news/politics/california-ballot-proposal-would-exempt-seniors-from-paying-property-taxes/103-debc9c29-e927-4b9c-b750-365bb3a4e06c?tag1=kxtvshare