4 ms·
> How is shifting the burden to landlords via moratoria different from shifting the burden to landlords via tax increases? In the case of a moratorium, the lan
by pjmorris 5y ago
> How is shifting the burden to landlords via moratoria different from shifting the burden to landlords via tax increases?
In the case of a moratorium, the landlord takes an immediate, complete, revenue hit. In the case of tax increases, the landlord pays something extra, spread out over both time and the taxed population.
It's like the difference between not getting a paycheck and having your rent go up.
- fennecfoxen 5y agoMaking landlords take all the risk individually also means that the market will reward those with increased risk tolerance, i.e. small landlords suffer and exit the market in favor of big landlords.