They could choose a different lifestyle, but they value the one they have. That's fine, but that doesn't mean I'm obligated to subsidize their preferences.
replyOwner-occupiers can and do refinance to turn their wealth into cash. It's routine.
> they value the one they have
replySo do you. I assume that you like to eat? Farmers are how that happens.
> refinance
Are you familiar with the downsides of refinancing?
They can sell at their convenience and have their wealth liquid. Then they are in the exact same situation as renters, except that they have a big pile of money to boot.
replySame thing for farmers.