These stories don't really make sense to me though, why are single elderly people living in the home that housed their whole family with children, now that the children have moved out? Shouldn't a family home be used for a family? And shouldn't prime location housing in the middle of big cities be used for the people that contribute most and are most needed there?
I think it's perfectly normal for a single senior citizen to "move over" and let another family take over their family home, while they downsize to an apartment, or relocate to a different location, since they are not required by work to live there.
I don't understand where this sentiment comes from, that a person should live in the same home their whole life, and once you have moved into a home it becomes someone else's problem to make sure you stay there the rest of your life, regardless of money and income? That is really unrealistic and obviously an incredibly inefficient use of resources.
I'm getting really tired of the fact that the boomers are the richest group of people in society, by far, and still the ones who are the most entitled and complaining. They already get hugely compensated for "having to move" by cashing out on the old houses, so what's the problem?
Edit: That's the whole purpose of the real estate tax, to avoid people hoarding big houses that they don't need. It's just working as intended.
Wait till you’re old and live in a house filled with memories.
And especially when you’re older, you should be able to rely on your friends and family around you, and not be forced to move to a new area where you know nobody, and cannot ask anyone for help.
I actually like the idea that you buy a house, pay it off and keep it in the family for next generations. I bought it, it’s mine, I paid for it, and now some else determines I have to move away to make room for someone else?
If you like that idea, that's fine, and sure it's "nice" from some point of view. But it's also obviously inefficient and therefor it will cost extra, and it makes sense for the country to have those incentives.
If you are promoting the traditional way of the family home for generations, then your kids and grandkids would live in the same house for that to make sense, not having an empty huge house for 1 single divorced boomer
I think it's perfectly normal for a single senior citizen to "move over" and let another family take over their family home, while they downsize to an apartment, or relocate to a different location, since they are not required by work to live there.
I don't understand where this sentiment comes from, that a person should live in the same home their whole life, and once you have moved into a home it becomes someone else's problem to make sure you stay there the rest of your life, regardless of money and income? That is really unrealistic and obviously an incredibly inefficient use of resources.
I'm getting really tired of the fact that the boomers are the richest group of people in society, by far, and still the ones who are the most entitled and complaining. They already get hugely compensated for "having to move" by cashing out on the old houses, so what's the problem?
Edit: That's the whole purpose of the real estate tax, to avoid people hoarding big houses that they don't need. It's just working as intended.