I do not understand Mr Lims comments.  He complains that his taxes went up when his property was assessed over a Million dollars.  Then he complains that rental properties need to be taxed different. Then he complains that property taxes are not fair to homeowners.  Which is it Mr Lim?   You appear to be getting taxed at the Residential A rate on a property that you must not live in, so part of your complaint is nullified regarding taxing non resident owners at a different rate.  Unless you did not realize that you need to file for an owner's  exemption so you can be taxed at the residential rate for just homeowners.  I suggest you sell your Million dollar rental property and buy two or three investment properties for far less than a Million dollars. Now you get more rental income, less property taxes and can help with affordable housing by charging a reasonable below market rent and you can feel good you are helping society.