Unfortunately, property tax law in California does the exact opposite. The tax can&#x27;t be higher than 1% of the assessed value of the house, and that assessment can&#x27;t go up by more than 2% every year as long as the house isn&#x27;t sold. So the people who have been living in the neighborhood the longest and complain the most about &quot;neighborhood character&quot; also pay much less property tax than their neighbors. And by &quot;much less&quot; I mean 10-20 times less in some cases, given how much property values have gone up over the past 40 or so years.