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A comment on The Housing Market in San Francisco and Ideas to Fix It. Parent comment

Re:The Housing Market in San Francisco and Ideas to Fix It by JonFish85 on Thursday April 07, 2016 @04:48PM (#11450594)
Why only 65+? What about not forcing families to uproot and move because they can't afford the taxes?
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Re:The Housing Market in San Francisco and Ideas to Fix It by muzz on Sunday April 10, 2016 @02:25PM (#11467459)
The only way this would happen is if the property appreciates.

At current property tax rate of 1.1%, a half-million dollar appreciation would result in $5500 yr additional property tax.

I would gladly trade spots with those who have to uproot themselves because they've had such massive home price appreciation.

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