&gt;Can you explain why this would be a moving tax?<p>&gt;Obvious, property taxes only apply to the fraction of the year that you own a place. Are you worried about the overlapping period where you have the house on the market but haven&#x27;t sold it yet?<p>The proposal was to create a property tax that phases out once the owner has lived there for X period of time. Naturally, every time you sell and move you then reset this clock, so you&#x27;d pay the property tax only if you keep moving. The most monetarily rational strategy is to buy and hold forever if at all possible.<p>In short, the only way to trigger this tax is to move.