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Increasing taxes on all landlords would cause upwards pressure on rents as lanlords would need to collect more money to cover their costs and hopefully save eno
by snowwindwaves 7y ago
Increasing taxes on all landlords would cause upwards pressure on rents as lanlords would need to collect more money to cover their costs and hopefully save enough to be able to retire one day.
Disclaimer: I am a landlord
- amiga_500 7y agoTotally wrong, this is not how prices are set.
- snowwindwaves 7y agowhen my margins go down I will raise the rents. I currently could charge more but I believe charging slightly less than market gets me a better tenant and some goodwill since I am not a full time landlord.
- amiga_500 7y agoAnecdotal. Not the rule