2 ms·
Have you ever noticed the odd fact that children sometimes grow up and wish to rent a home themselves? They already might live there with their parents, but if
by MagnumOpus 7y ago
Have you ever noticed the odd fact that children sometimes grow up and wish to rent a home themselves?
They already might live there with their parents, but if they want to move out and stand on their own feet, they would have to pay double or triple compared to their neighbours. Hence they can not move out from mum's basement if they don't want to move away.
Of course this helps resident retirees who don't move and whose children have moved out, even if it is an economically retarded policy -- and retirees vote. Same as California's prop 13, really.