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If you can afford to retire several times over, it would by definition have to involve living in a less expensive place (otherwise you'd have the same tax issue
by zippergz 13y ago
If you can afford to retire several times over, it would by definition have to involve living in a less expensive place (otherwise you'd have the same tax issue). Being forced to downgrade housing quality and/or location is not an obvious win.
- SilasX 13y agoOh, definitely. But when it comes to "problems we should all have to bear a burden to prevent" -- the target of public policy -- it just doesn't seem like that particular problem should be very high on the list. It's not that being priced out is a pure good; it's that it naturally comes with effects that very much soften the blow (at least for homeowners). It's not the sort of extreme personal catastrophe that social policy tries to mitigate in general.
- Domenic_S 13y agoDon't forget how things used to be -- a single earner working at a factory could buy a house comfortably. Those were the folks impacted.