Here's a counter-argument. Keeping property taxes means that old people have to pay yearly rent to the government to simply keep their house. In Florida that's about 2k a year for my home. That's fine when we have an income. It's a bit more problematic when that's 10-20% of a yearly retirement income from which one also has to pay for necessities.
As to the housing crisis, what laws are preventing multistory buildings? SF blocks a lot of housing over 3 stories since they want to keep the mystique of the city from the Full House days (https://en.wikipedia.org/wiki/Full_House). This makes housing extremely expensive since no one can easily put up a 50 story luxury housing apartment complex (which could have 1.5k sq/ft for a mere $675k).
As to the housing crisis, what laws are preventing multistory buildings? SF blocks a lot of housing over 3 stories since they want to keep the mystique of the city from the Full House days (https://en.wikipedia.org/wiki/Full_House). This makes housing extremely expensive since no one can easily put up a 50 story luxury housing apartment complex (which could have 1.5k sq/ft for a mere $675k).