Florida does this already, the Homestead Exemption, which taxes homes (condominiums and townhomes, etc) by lowering the home appraisal by $25,000 (for tax purposes).  But it only applies to one house as long as you designate it your &quot;permanent residence&quot; (so if you only live in Florida part time, you don&#x27;t get it).  Somehow, we still have plenty of apartments here in Florida.