It’s easier to implement as a tax credit. You’re entitled to a 90% rebate on the property taxes for the home you live in, perhaps a 50% credit for a home you own that a family member lives in, and no rebate for additional properties.

One major benefit of this is as soon as a lender initiates foreclosure proceedings, the taxes owed on the property go through the fucking roof. They are motivated to work with you on the loan.