Weired set up here for house taxes.For example, a family has lived in house for generations there house taxes are based on what they paid for the house. Say the house next door sold several times with current market prices, they are taxed on the most recent price the house sold for while the other house remaining in the family has little to no tax increase. The first house taxes are capped at original price so very little increase in tax.Example, house next door to me original owners say pay 1,000 dollars per year., When I bought my house which had been sold five times my yearly taxes are 6,000 dollars.