Houses that were 50K 10 years ago are now 400K with a 2.5% property tax rate. If they are renters, then their rent went up to cover the taxes.

In my area houses are up to 1m+ which results in property taxes of 25K/year so even middle class families and retirees are getting taxed out.

The city is trying to approve density city wide and the NIMBYS are trying to block it. Ill laugh when they all get taxed out 10 years from now.