[dehrmann]

This idea is DOA because it always results in human interest stories on the local news with an 80-year-old grandma who lived in the house for 40 years suddenly not being able to afford her taxes. And then you get Prop. 13 to prevent that.

[twblalock]

It's not wrong to be concerned about that in a property market where values can double in a decade.

In fact it would be foolish to buy property in such a market unless you are rich or something limits tax increases.