A Boring Dystopia

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Baby boomers' property tax revolt (www.businessinsider.com)

submitted 2 days ago* (last edited 2 days ago) by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] Peruvian_Skies@sh.itjust.works 2 points 1 day ago (1 children)

Rentals are expensive because boomers have been choking the housing market.

[–] agent_nycto@lemmy.world 1 points 17 hours 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.