This is true. The saddest part about this is a lot of new construction are luxury apartment buildings with 10/20 year property tax abatements. These apartments

This is true. The saddest part about this is a lot of new construction are luxury apartment buildings with 10/20 year property tax abatements. These apartments sell for millions. That's an insane tax revenue loss that literally goes to people who will probably be fine without that abatement.