>prepare for the increase or make whatever financial decisions you need to What does this statement actually mean for an individual family? Most working class

>prepare for the increase or make whatever financial decisions you need to What does this statement actually mean for an individual family? Most working class people cannot just demand more money from their employer. So really it just means "get ready to move out and find a new home", which means uprooting your family, commuting further, finding new schools for your kids to attend, potentially worse ones because its probably a cheaper/poorer neighborhood. >It's also not clear that being forced to sell over high property tax bills is a bad thing I just plain old disagree with this; my family would have been forced to move because some rich people would have displaced my working class parents, and it honestly sounds like you consider that a good thing, "well they're poorer so they don't deserve to live in a place where a lot of people want to live" is really what that argument boils down to. Even though they worked hard and saved for many years to afford to buy that place. There are very few condos in the neighborhood I grew up in, and the ones that exist are on the edge of the city in much less desirable areas. I would have had to go to a different (worse) school, lose touch with my friends and generally have much less space than I had as well. Your argument only makes sense if you consider people as wanting to live somewhere purely as a financial enterprise rather than a good safe place to raise a family. If you eliminated the zoning restrictions and power of the NIMBYs then this would allow for the best of both worlds. We could continue to allow a tax rate for working class people, but also allow the development of more profitable/denser units. As people naturally move around, companies could buy the houses and redevelop them into denser units.