3 ms·

Doing it in reverse (give a credit / deduction against real estate taxes for an individual who owns and lives in their own home) works fine.

• MrMetlHed 5y ago
  Wouldn't the corporation just factor in the credit loss as a cost of doing business and adjust the rent accordingly? Seems better to stop them from owning more than a few properties to begin with, but I suppose both would be cool with me.
  • jeromegv 5y ago
    Rent price is determined by supply and demand. You can only increase rent if the market can support it. And to do that, you can do it regardless if your expenses went up or not. Goes the other way as well
  • yuliyp 5y ago
    Sure they can factor it in to the prices they charge, but it'll serve to make buying more attractive as an option on a relative basis, which will make it harder to make money buying and renting housing out.