not really... it's more like a de-escalating tax bracket; The longer you've owned the home the lower the taxes you pay. However, the reality is that in return y

not really... it's more like a de-escalating tax bracket; The longer you've owned the home the lower the taxes you pay. However, the reality is that in return you're receiving the exact same "services" as the person buying today. How is that equitable in any way? Their good investment allows them to sell that property at a profit, rent it for cash flow, or just sit on it. It's still their choice. Just like in the financial crisis, companies were hoarding cash due to uncertainty but because interest rates were zero-negative this encouraged spending and propped up the economy until more material improvements could be achieved. It's basic economics at the end of the day.