Plenty of this has been happening for awhile now. Seriously doubt eliminating property tax would cause a dramatic increase, it's just another scare tactic.While I understand your sentiment, Lord Burgum made one of the same points I've made from the beginning which is that eliminating property taxes will accelerate out-of-state and foreign ownership and control of North Dakota.
ND would become the only state in the country without property taxes. Where do you think the blue platers and sconis will choose to purchase lake property and retire... their shithole states or a better one with no property taxes?
Think Gates and China owning ND is already a problem? What better place to buy massive tracts of land than the only state without property taxes?