It was absolutely a giant mistake. Part of the original pitch was that landlords would pass the savings on to tenants, which didn't happen for very obvious reas

It was absolutely a giant mistake. Part of the original pitch was that landlords would pass the savings on to tenants, which didn't happen for very obvious reasons. I think bringing back any form of property tax is a brilliant idea; it would raise a ton of money for local governments, discourage people from holding empty units, and also help fix the ridiculous reality that building residential units hurts a municipality financially which causes all kinds of stupidity. Take my building; it's owned by some vague partnership, is a 14 story high-rise with 100s of units, and for tax purposes it's worth something like $6M for the entire thing. In downtown San Francisco!