Land's assessed valuation increase

[pam jones]

I heard an interesting viewpoint today that may warrent some thought. Is it possible that this huge increase could be a roundabout way of getting those people who buy up the lands here for future profit w/ no plans to live or contribute to the aina to sell it back, thereby giving a local (as in born and raised) the chance to own and build in their own backyard rather than having to move to the mainland just to afford to own the roof over their heads? I know many young people here have now been effectively priced right out of the market and have little or no hope of affording a home of their own in the very neighborhoods they grew up in. I thought it was an interesting point and though it sounds like a communist plot of some sort, perhaps there is a small grain of logic behind it.