• SCB@lemmy.world
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    8 months ago

    This is state by state. In some states you pay according to regular reappraisals and in some states (generally those with worse housing markets) you do not.

    • AA5B@lemmy.world
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      8 months ago

      I was also going to say this - assessors for my city increase the assessed value for taxing purposes independently of whether there is a recent sale