San Francisco just broke a record and you can thank all the residential and commercial property owners who have recently bought and sold which triggered a new tax basis.
See here: http://www.bizjournals.com/sanfrancisco/morning_call/2016/07/sf-property-assessment-taxes.html?ana=e_sfbt_rdup&s=newsletter&ed=2016-07-19&u=vg6D5JmGWYz237t8pJQfyu9S9ik&t=1468941996&j=74977152
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