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At least in my area, 55+ housing is the only multifamily housing that gets approved for building, because it adds to the tax base without adding students to the school district.
I do think that 55+ housing communities probably shouldn’t be legal, in our current era of housing crisis that’s hitting younger people hard.
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I had never thought of that angle. I had thought it was mostly racism and fear of The Poors.
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Everything property- value related here is based on school district performance and where the local high school falls in the USNews rankings, and increasing revenue through additional property taxes while not adding the expense of extra students makes 55+ communities super- attractive.
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Tbf, there is also the racism and fear of The Poors.
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You would think that could backfire when the 55+ vote against school funding
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I think in my district the total population is 11,000 and there's perhaps 1,000 units of 55+ housing so they can't outnumber single family homeowners.