Comment by OroPla
2 days ago
> the idea of being displaced at the end of your life out of the home you already paid off due to market forces you aren't even a participant in is actually widely unpopular even if it makes better economic sense.
Once you are old enough it makes a whole lot more sense to move to places designed to care for the elderly. Living alone in a huge house isn't good for your mental health and it isn't for your physical health, either, once you no longer have the energy to maintain it.
I could use a much smaller house than I have now and a much larger garage for tools, workshops, art studio, etc. But for me, the value of a larger property is that I get to go out of the house and spend time in the garden. Sometimes something as simple as pulling up weeds is a considerable boost to my mental health. Kneeling on a garden bench in the sun in the weather and pulling weeds is not something that's “enjoyable," but it is rejuvenating.
My 92-year-old mom has been the same way. Until one of her daughters moved in, she lived by herself in her house and garden. Just being able to go outside and experience the green space she planned and planted has kept her alive and healthy. If she were in some senior living place, she'd be dead by now. She would have withdrawn into her room and waited for her time.
> Once you are old enough it makes a whole lot more sense to move to places designed to care for the elderly. Living alone in a huge house isn't good for your mental health and it isn't for your physical health, either, once you no longer have the energy to maintain it.
This betrays some things. Not everyone is in a "huge house", and having this bias is going to lead you to bad conclusion. Most people don't have a huge house.
And, more importantly, tax should not be used to force people into one way of living in their latter years. They might be self-sufficient into their early 90s, and the last people who should be determining where they live are people who want to do it.