Absolute numbers aren't a tax rate. 1% of $2M home gets you to $20k/year easily. But the article talks about $100-200k homes; there is no way this town can have

Absolute numbers aren't a tax rate. 1% of $2M home gets you to $20k/year easily. But the article talks about $100-200k homes; there is no way this town can have a 10-20% property tax rate.