Not at all, you are acting in an economically rational way and it sounds like you are being a responsible property owner.

My logic is that no rational person will ever pay more in back taxes than the property is worth.  

Y You're rationalizing a poor deal into a good one.

At this point, it's usually emotions and/or rationalizations of some miracle save from a future event we have no control over, that tells us to stick it out. 

Rationalizations don't balance out problems.  

I don't think any rational human being is expecting smart decisions to come from the Minneapolis government.

Let rates come down, it's actually going to cause a supply rationalization.

Let me explain my thoughts...The reason I buy communities and the reason I deal with Berkadia on my debt instead of a local bank is that both the asset and the process are more institutional, rational, and efficient.

I just need my lenders to go with me and have somewhat rational terms. 

Moreover, the Lead Ordinance's classifications are not rationally related to its stated purposes and presumptions.