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Lord have mercy on anyone trying to explain this to angry boomer parents that live in Orange County (mine generally included). The reason your kids cant buy a
by lozaning 6y ago
Lord have mercy on anyone trying to explain this to angry boomer parents that live in Orange County (mine generally included).
The reason your kids cant buy a house down the street from yours has nothing to do with how much taxes your kids pay and everything to do with the policies that you've voted for over a lifetime of homeownership that have insured way less supply than demand.
These people _love_ to talk about how much more their houses are worth at dinner parties everytime you see them and then are all surprised pikachu face when they've priced out their own kids.
Housing can be affordable or an investment, but not both.