No way!  If that ever happened they would go up 25% per year forever!  That is what happened in California and the people were losing their houses all over the place, especially the retired folks that had no way to keep up!  Then they passed Prop 13 to curtail this and they have had it now since 1978.  If that hadn't happened studies say that they would be paying 4-6X what they pay now in taxes.  That means our taxes would be thousands of dollars higher per year than they are now!  The house prices would crash  and the people would have still lost their houses.  This is a great lesson for Hawaii.  Let the tourists pay for this.  Otherwise our property taxes would SOAR just like the cost of the train is doing!  Our politicians are out of control!!!  No more money for lthese gigantic boondoggles!   No way!