This "tax stop" was criticised by left wing parties, allegedly for being "antisocial" and "only for the rich." Since the tax stop also froze the tax on real property (da. "ejendomsværdiskat", 1%), it was beneficial to homeowners in densely populated regions that had experienced rising real estate values. The property tax was set at a nominal level – not at a relative level. While the rate was one percent when the tax stop was enacted, the rate is much less today when recent increases in property value (+20%/p.a. in large cities) are considered. The Danish Economic Council criticized this as unfairly benefiting current homeowners.