friend_of_satan , 7 months ago

If it was just a problem of paying more taxes then the argument would be bullshit. The main problem is buried at the end of the article:

A homeowner who keeps all the profit of a home that sells for $500,000, for example, may find that a condo in their same area, where they can age in place, is $450,000. After calculating realtor fees and closing costs, the profit hardly covers the new purchase, let alone provides any extra income for retirement.

This is the real reason they are not moving. They would be stepping backwards financially instead of stepping forward.