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Comment by matteoraso

>While that may be useful, there should never be a necessity to move out of a house you’ve paid off

This line of logic doesn't follow. There's plenty of old people who need to move out for non-financial reasons (e.g. can't live independently anymore), and it doesn't really make sense to me that having to move out because you can't afford your mortgage is okay while not being able to afford your taxes isn't. In any case, we can have our cake and eat it too by building more housing. Homes become affordable for young people if supply increases and the tax base broadens enough that taxes go down for established homeowners.

parent matteoraso 21 days ago

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