But isn't a large aim of property tax to keep people moving and prevent the situation where you've got retired couples hogging all the family homes because they've got no incentive to downsize?
I think there are shit loads of incentives to downsize; the blocker is downsizing to what and where? There isn't the supply of efficient, reliable, modern small homes they need.
But isn't a large aim of property tax to keep people moving and prevent the situation where you've got retired couples hogging all the family homes because they've got no incentive to downsize?