1. “What would we think of someone who hoarded food? " Ask Stalin.

2. Nothing new that houses are priced according to location. Current owners also paid through their nose to buy there. The amounts they paid may seem small to you now, but at the time they were considerable. They are the ones who built those communities, [paid for those schools and infrastructure through their higher property taxes,  not the hoards of freeloaders who want subsidized housing.

3. If one owner sells and retires somewhere else, what is your problem? If he wouldn't get to retire rom the proceeds, he wouldn't sell and that house would be off the market anyway.

4. To the extent that tax evasion exists, it impacts everything in our society, not just housing - so it has to be addressed at the root, not by imposing special tax rules irt real estate, which is what the author's aim is: wealth taxation. Again, ask yourself: what would Stalin and Mao do?

And so on, much more to say, little time: lousy analysis.