[pcwalton]

> I think it is right that they are rewarded greatly for picking a great investment.

This "reward" you're talking about is a massive subsidy that everyone is forced to pay existing residents. Public funds don't need to go to millionaires. Period.

And that narrative is completely inaccurate when it comes to commercial property and suburbs, many of which were founded on redlining and racial exclusion. Do we need to be "rewarding" longtime homeowners for being fortunate enough to be of the right race at the right time, at great public expense?