The argument I've heard is seniors getting priced out, and having to move. Considering what happens when a senior has to move away from their social group, doct

The argument I've heard is seniors getting priced out, and having to move. Considering what happens when a senior has to move away from their social group, doctor and other resources they know, I can see why that would be bad. But this leaves them as NIMBYs, preventing more housing. Without more housing, there are fewer people to charge property tax. So you're hit with the double whammy of less taxpayers, and less income from many of them.