In California old homes have a property tax determined at time of sale.
Houses that are held for the long term end up having a much lower tax rate. It's one of the paradoxes about California, and one of the great big warts on the nose of thier phony liberalism, because it's not a fair system of taxation, but a way to treat new home owners are rubes.
When the new houses are built after they are all burned out do they get the old tax rate or do they get a brand new tax rate?
Is the rediciulous and unfair property tax valuation system in California contributed to these fires?