Please, in California, that “old elderly couple” pays no property taxes and can spend their life blocking housing for new middle class families (and they do, all the time).
>Please, in California, that “old elderly couple” pays no property taxes
That's why they want them out. To replace them with someone who pays big $$$$. What's so hard to get about this?
They don't want them moving their caregiver into an ADU. They don't want them renting their ADU to supplement a fixed income. They want them gone. Since they can't tax them out they just prevent them from making money on their land value (via zoning) and let the COL do the rest.
>and can spend their life blocking housing for new middle class families (and they do, all the time).
The elderly sometimes do this but they are mostly scapegoats. The primary culprits are the 30-something on up through middle aged crowd who still need to work and need property values to remain high long enough that they can cash out of the ponzi scheme and retire to elsewhere.
That's why they want them out. To replace them with someone who pays big $$$$. What's so hard to get about this?
They don't want them moving their caregiver into an ADU. They don't want them renting their ADU to supplement a fixed income. They want them gone. Since they can't tax them out they just prevent them from making money on their land value (via zoning) and let the COL do the rest.
>and can spend their life blocking housing for new middle class families (and they do, all the time).
The elderly sometimes do this but they are mostly scapegoats. The primary culprits are the 30-something on up through middle aged crowd who still need to work and need property values to remain high long enough that they can cash out of the ponzi scheme and retire to elsewhere.