Oregon property tax question
I'm thinking of retiring to Oregon and so is my neighbor. He says when you buy a house there the property tax goes way up cause it's a percentage of the selling price, so a $300,000 house even outside the city limits will result in several thousand dollars of annual property tax. I find this hard to believe. I understand the property tax will go up, but surely not like he thinks. Can someone give me some real world numbers, say in the Grants Pass area? Thanks.