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I think it works in a different way. The newer properties have to compete with older properties that charge less because they pay less taxes. If you increased r

I think it works in a different way. The newer properties have to compete with older properties that charge less because they pay less taxes. If you increased real estate taxes, it should be obvious that rents would increase. It’s basic economics. However, you should not expect a rent price difference especially at the quoted price for property based on the underlying tax differential.

foogazi 3y ago
> The newer properties have to compete with older properties that charge less because they pay less taxes. In reality the market sets the rental price tenants won’t pay more because your taxes are higher - tenants set the price with the money they are willing to spend on housing