And as the housing market moves 20%+ in a year in some places all you've done is kick the can down the road to figuring out a value of X that is high enough that no forced turnover of property happens so you're not violating the principles of property ownership. But also low enough that there's still a threat of exactly that happening.

Ultimately all this does is accelerate the accumulation of wealth for folks that already have the capital to profit off this system while forcing people out of their property. No thank you.