[azinman2]

I thought Cambridge, MA has a great system — the first $250k of any property value is tax free (or at least it was 10 years ago), and property taxes then only go above that. It had the effect of making property taxes cheap for small home, allowing lower income people to have more affordable housing over the long term.

[dublinben]

Homestead exemptions like that are common in most states.[0] Cambridge does have a lower than average residential property tax rate, mostly due to how much commercial development they have. I still wouldn't point to Cambridge as a particular success in terms of affordable housing though.

[0] https://smartasset.com/taxes/what-is-a-homestead-tax-exempti...