"Again, that's been my experience. Or the experience of a lot of low income people who will tell you how hard it is to come up with the property tax payment." Hiram
Since most young people pay their property tax with their mortgage payment, I assume Hiram is talking about older fixed income folks who have more house than they can now afford, and likely more space than they need. So what should society do about old folks who want to stay in their home of many years even though the kids are long gone.
My pragmatic side says they should move to a nice 1 bedroom apartment. Less cost, less maintenance, etc. They likely even would qualify for subsidized housing if their income is as low as Hiram infers.
Thoughts?
Since most young people pay their property tax with their mortgage payment, I assume Hiram is talking about older fixed income folks who have more house than they can now afford, and likely more space than they need. So what should society do about old folks who want to stay in their home of many years even though the kids are long gone.
My pragmatic side says they should move to a nice 1 bedroom apartment. Less cost, less maintenance, etc. They likely even would qualify for subsidized housing if their income is as low as Hiram infers.
Thoughts?