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Re:High property taxes are good by negamax on Wednesday July 20, 2022 @06:29PM (#32173250)
I do not think elderly invested wisely. Cities grew. They got lucky. It's as simply as that. The remote working is taking pressure off the cities. And you can see many crying about return to office, who have multi year leaseholds or own the buildings.
Re:High property taxes are good by Supermancho on Wednesday July 20, 2022 @06:56PM (#32173491)
I specifically called out that this is a minority situation, so the characterization you put forward seems like a wild overstatement.

Some seniors bought post ww2 bonds at phenomenal rates. There were many ppl who made wise investments, regardless. Patience turned thousands into hundreds of thousands outside of the housing prices.