Due to Prop. 13 back in the 70s, California only reassesses when the property is sold. I pay basically the same property tax I've paid for 15 years, even though my house is worth almost three times more. Insurance doesn't really change much because the growth is all land value, not the residence.
The real-estate game is being played with alacrity in Houston. All the forces come to bear on the homeowner to sell up and accept a tiny one-bedroom in Jungle Acres or a trailer-house in far, far, far-exurban Decker Prairie.
Meanwhile, his 90-year-old Craftsman house or his 50-year-old tract-development ranch gets torn down either for rack-'em-and-stack-'em five-story future slums developed and spun off by Trammell Crow Interests (and other Bush family peers of the Realm) or new McMansions in the popular Overweening Screwyoulusers style. (Heated driveways in cold climates, heated towel racks, servant quarters [complete with irons], three-car garage, port-cochere and showoff driveway. Pool, of course. Tennis court, optional. BMW or [better] Bentley, bring your own. Your driver and security man can share the quarters with the housekeepers.)
Texas has a populist program of its own to promote property ownership, esp. by veterans: Each veteran living in Texas can apply to own 10 acres (bring your own mule), which the State makes available from tax forfeitures et cetera.