> It might be possible for a land tax or property tax to be countercyclical, but this would likely depend on the centralized adjustment of valuations, since the

> It might be possible for a land tax or property tax to be countercyclical, but this would likely depend on the centralized adjustment of valuations, since there is not so far any automatic technique for valuing real property other than immediately after a sale. Yeah, this is a problem that would need to be solved.