4 ms·
They'll just vote to remove estate taxes so that their children and children's children will inherit their homes without the place ever touching anything close
by CoolGuySteve 8y ago
They'll just vote to remove estate taxes so that their children and children's children will inherit their homes without the place ever touching anything close to the market.
It's cool and internationally minded, like the seigneurial system in early French Canada but now.
- jstarfish 8y agoWhat? That goes against all Boomer logic. They'd vote to reclassify their house as a crypt to permanently take it off the market, die surrounded by their possessions and ensure their children and children's children inherit nothing.
- jf- 8y agoI think it's more likely they'll be re-mortgaged while still occupied via 'equity release', or sold outright to pay for elder care. Either way, I'd expect relatively little to end up being passed on via inheritance.