If you have lots of it you worry about the government taxing you and taking it all for redistribution " robin hood theory ".If you have the money and the tax situation taken care of you worry about friends, family, your own mortality etc.

With the current pending legislation on the docket to declare all property in Oregon no longer private at the whim of the Governor's emergency declaration, should I hold my properties or sell and move to another state that isn't outright announcing they plan to take everything and redistribute whenever they see fit, with no compensation? 

It makes wealth redistributed equally to another market as well. 

We invest in above-median price points and have seen property taxes go down over the last years, because of this redistribution.

We are in the rehab of our first one now and used a HELOC on our primary to fund the down payment/rehab and will refi in June which will free up the heloc to be redistributed in other deals.

I took some time to research and found two things that the public does not understand (and the gov does a terrible job communicating).We had a major post-covid re-assessment, but contrary popular belief, the total sum collected did NOT go up last year, taxation just got redistributed according to adjusted home values, both up and down. 

The majority of society will be dependent on one form of welfare/wealth redistribution before you know it, and I do believe that’ll also lead to some nefarious political opportunism that its likely to change the trajectory of this republic (“if you can keep it”) sadly.

Also use Apartments.com which redistributes to a bunch of other similar sites that are under their corporate umbrella. 

Property taxes are a tool to redistribute some of the wealth invested in premium real estate, but tax rules vary widely around the world.Opportunity KnocksYet for all their problems, cities are hot spots of economic development and cultural enrichment.

That is true when the economy is bad but we need to have the same mindset when the economy is good and not wish for the bust days.Again, I understand your take and I myself hope I am in a better situation to redistribute some wealth at the next downturn but ALL UP, we should be happy we are not in 2008 again.