Currently renting retirees are forced out already if they dont pay their rent.
Can you confirm that you wish to see this practice completely banned (i.e. no payment of rent) to prove that you're not taking a two faced stance on this issue?
What we are talking about is different - a tax incentive to move to somebody who has benefitted from a large capital gain.
I’m fine with (and in support of) market forces to let grandma decide that it’s worth selling her home; I’m not okay with using government mechanisms with no market reference points to price her out of it. (Raise everyone’s property tax rate and reference appraisals to market sales? Fine. Determine that her specific piece of land is worth $X despite no comparison of open-market land-only transactions? Not fine.)
From that, it’s fair to conclude that I’m ok with renters having to pay market rent, regardless of their age or matriarchal status.
Is forcing grandma out of her house economically the perfect or the good in this story?
Currently renting retirees are forced out already if they dont pay their rent.
Can you confirm that you wish to see this practice completely banned (i.e. no payment of rent) to prove that you're not taking a two faced stance on this issue?
What we are talking about is different - a tax incentive to move to somebody who has benefitted from a large capital gain.
I’m fine with (and in support of) market forces to let grandma decide that it’s worth selling her home; I’m not okay with using government mechanisms with no market reference points to price her out of it. (Raise everyone’s property tax rate and reference appraisals to market sales? Fine. Determine that her specific piece of land is worth $X despite no comparison of open-market land-only transactions? Not fine.)
From that, it’s fair to conclude that I’m ok with renters having to pay market rent, regardless of their age or matriarchal status.
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It would be the thing keeping a good system from being perfect, I believe. Are you not familiar with the idiom?