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...11k/yr as opposed to 6k/yr for older homes.

Is that $6k/yr what the current homeowners are paying, or what you'd pay if you bought? Because in a lot of jurisdictions, property tax increases are capped for existing homeowners (here I believe it's 10% per year, with additional limits for senior citizens), but when the property changes hands, the taxes can leap up based on the actual sales price.
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