Housing prices are dictated by supply and demand. The supply is artificially low due to zoning (this needs to be fixed), the supply was artificially high due to

Housing prices are dictated by supply and demand. The supply is artificially low due to zoning (this needs to be fixed), the supply was artificially high due to the issues you stated. None of that has anything to do with taxing home owners. When you buy a house you should be taxed on what you paid for it. The government shouldn't have a back door to come and raise your taxes as high as it wants.