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One way of thinking about why this won't happen is that most landlords charge the highest rent they think they can get. They don't just think, "I'll set the ren
by njarboe 9y ago
One way of thinking about why this won't happen is that most landlords charge the highest rent they think they can get. They don't just think, "I'll set the rent at my costs and a little profit. I'm not interested in making even more money." Some smaller owners might have personal relationships with their renters and not charge market rates, but I think more and more these days those landlords are rare. Maybe landlords will be able to up the rents because the reduction of other taxes will give people who pay rents more money, but that would be a small secondary effect I would guess.