Property taxes don't affect your rent by forcing your landlord to increase prices. Your landlord can only increase prices if someone is willing to pay that incr

Property taxes don't affect your rent by forcing your landlord to increase prices. Your landlord can only increase prices if someone is willing to pay that increased price. Property tax rates don't affect people's ability to pay rent. Property taxes do affect how profitable it is to build more homes. The higher the taxes, the fewer homes will be built. That's what leads to higher rent as demand increases. To avoid that effect, jurisdictions can try to tax just the value of the land rather than the value of the homes built. http://www.economist.com/blogs/economist-explains/2014/11/economist-explains-0 http://www.economist.com/blogs/economist-explains/2014/11/ec...