Quote:
Originally Posted by DoubleF
Detached from reality? So someone who has lived in a home for decades, have thousands upon thousands of great memories there, some of which cannot be replaced, must move out so that a young family can rip it all apart and live there for cheaper because housing shortage?
Why the heck do you think seniors are insistent on staying in a detached home in the first place even to the detriment of their financial situation? It's a huge generational gap. Older generations put so much emotion and meaning into things. New generations do not.
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People can stay in their homes as long as they want. Should the government find that through lower interest rates or overtaxed social programs.. No.