The big mystery, to me at least, about older NIMBYs is how transparently self-destructive it is to oppose having more young and lower-income people living near you. Do NIMBYs have Peter Pan syndrome, or what? This is going to be a massive, massive crisis. https://nyti.ms/2PWPxoB
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Replying to @mateosfo
The story answers your question. Sell your house, use the equity and move to a lower cost locale. Lots of folks here have $1M+ equity in their homes. They’re not “middle-income seniors.”
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Replying to @kimmaicutler
True but there are also a ton of older renter NIMBYs who rail against capitalism and greedy developers. What are *they* thinking? And moving from a high-cost low-density neighborhood to a low-cost low-density neighborhood seems ... problematic.
1 reply 0 retweets 3 likes
Some people may not have a choice if they live for decades longer than they expect to or they could reverse mortgage. https://www.nytimes.com/2017/07/07/your-money/one-womans-slide-from-the-upper-middle-class-to-medicaid.html …
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