Texas is the same and has been for years. Property tax goes up 10% each year. People who have lived on our street for generations have either sold out or have turned their homes into rentals just to be able to keep them in the family. At one time, exactly 50% of the homes were for sale.
Part of this is pushed by school district funding, both the Robin Hood redistribution to “poorer” districts and unaccountable school district funding in general.
Part of it is also cost shifting in many jurisdictions where those over 65 or in various categories get property taxes frozen, so the rates for everyone else go up even more.