> If the annual increase is capped at 2% and inflation is >2% then the value reaped by property tax will eventually go to 0. Asymptotically at infinity, you're

> If the annual increase is capped at 2% and inflation is >2% then the value reaped by property tax will eventually go to 0. Asymptotically at infinity, you're not wrong. I'm probably not living that long though. Meanwhile taxes do go up every year in real money.