[Magdalen] immigration / migrant situation --->Re: Professionalpanhandlers; was Loaned out.

Jim Guthrie jguthrie at pipeline.com
Wed Sep 16 14:50:47 UTC 2015


"Senior Living" places are an interesting sidelight to the American Economic Scene.

In many cases, communities find them attractive -- additional ratables and additional population without having to build schools and hire teachers.  In that sense they are something of a piece of the anti-public education crowd -- especially since residents with no skin in the game tend to vote against anything that smacks of improving local education if it involves a property tax increase. 

When the end comes, they’ve often depleted their assets (or made sure the kids got most of them years earlier) and end up in the Medicaid system  for nursing home care -- creating further area tax burdens (but usually a different jurisdiction than the local community that zoned for them, welcomed them, and sometimes offered tax breaks for= the developer as well.

Some of these are condos, and some others are rentals. I've seen examples of both owners and renters being reminded at election time of the draconian rent increases of condo fee increases that will be coming if "big spending" candidate X is elected. Meanwhile schools and local social services deteriorate in no small measure thanks to those people in the "Senior Living" development.

There's a certain amount of moral culpability masked by the economic externalities that few moving into these places care about.

Cheers,
Jim Guthrie


More information about the Magdalen mailing list