What you say is true, but I would also add that property taxes that fund schools and roads the elderly no longer use are confiscatory and, legal or not, using them as a justification to take a retired senior’s property is immoral.
Good point. Most seniors also have full equity in their homes, and are not inventing money out of a 30-year mortgage loan.
A younger person who is using all those governmental services generally doesn't have full equity in their "property".
The government is just asset-stripping in the case of the elderly.