2 ms·
All of what you describe above is good for the rental and housing market. It brings the rents down. Imagine the alternative, where all the depreciation rules y
by xyzzyz 4y ago
All of what you describe above is good for the rental and housing market. It brings the rents down.
Imagine the alternative, where all the depreciation rules you describe above don’t exist, and landlords have to pay a bunch more tax. In that world, the government has some extra money in the coffers, but how does anyone else benefit? Rents will not go down because landlords have to pay more tax, in fact quite the opposite will happen.
Really, I get that you might have moral feelings of unfairness about it, but you are focusing on a minor aspect of the housing market that only has positive impact on rents by bringing them lower.