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> Property taxes would be levied on the owner, and be directly tied to house value.

Property taxes don't necessarily fix the issue though, because the property value is usually re-evaluated on sale, so the property tax increases drastically at that point.




That’s a California issue. Most places do periodic reassessment.


That's an implementation concern which can be addressed through data/analystics. i.e. a record can be kept of the size of your house in sq ft and property taxes adjusted for recent sales in the area.




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