If you live in Galesburg IL, or Jackson MI, Altoona PA, Rome NY or similar places if the property taxes were raised to 10x as much the homes would be worth lite

If you live in Galesburg IL, or Jackson MI, Altoona PA, Rome NY or similar places if the property taxes were raised to 10x as much the homes would be worth literally zero. The rental income wouldn't cover the property taxes. And that is the underlying problem, when the costs are so high, collecting a "fair" or actually necessary amount of taxes has a debilitating effect on the economy