It also forces individual home owners into a corner. Anecdotally, I have a friend who bought in the 90s for peanuts and now his house is easily worth more than

It also forces individual home owners into a corner. Anecdotally, I have a friend who bought in the 90s for peanuts and now his house is easily worth more than a million dollars. He has specifically said something along the lines of "we would like to move to something that fits our family a little better, but it wouldn't be worth the tax bill."