4 ms·
- A substantial part of your rent is property taxes. Without detailed analysis there's no way to know if this is true, or how true it is. It is entirely possib
by dwallin 4y ago
- A substantial part of your rent is property taxes.
Without detailed analysis there's no way to know if this is true, or how true it is. It is entirely possible for an increase in taxes to lead to no increase in end prices or even a drop in rent prices. It's a complex system.
- revnode 4y agoI didn't say anything about increases in taxes. You added that. I also didn't say anything about increases or drops in rent. You added that again.
- akimball 4y agoAll property taxes are paid from rents unless the landlord is operating at a loss.
- colinmhayes 4y agoLandlords are price takers. Supply is fixed short/medium run so just charge the maximum people will pay. Property tax rates have next to 0 effect on that.