Comment on Baby boomers want to axe property taxes. Millennials and Gen Z would pay for it.
Peruvian_Skies@sh.itjust.works 3 weeks agoRentals are expensive because boomers have been choking the housing market.
Comment on Baby boomers want to axe property taxes. Millennials and Gen Z would pay for it.
Peruvian_Skies@sh.itjust.works 3 weeks agoRentals are expensive because boomers have been choking the housing market.
agent_nycto@lemmy.world 3 weeks ago
Rentals are always going to be more expensive than owning though. If you own a property that you rent out, you always charge more than what it costs per month or you’d be losing money.
I’m not disagreeing with you on your main point here, but I’m just saying that even though the boomers screwed the market, that doesn’t mean that poor people on fixed incomes who own a house don’t get screwed with high property taxes.