Tag: inheritance
How to get seniors to spend $12 trillion in home equity. Recently, I read an opinion column arguing that older Americans are hoarding the nation’s wealth and housing stock. To reduce their power, the author suggested things like the reintroduction of mandatory retirement ages or the creation of a progressive tax on homes to encourag…
Robin Valentine with son, Alexander, and daughter Alanna. There is joy in owning one’s first home. But homeownership has a deeper meaning for Robin Valentine. Unlike her late mother, who was unable to leave any money to her children, Valentine will one day pass on the house that she purchased last September to her thr…
