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Taxing more doesn’t create new houses, but it does lower prices by making the properties less desirable to investors.
by francisofascii 3y ago
Taxing more doesn’t create new houses, but it does lower prices by making the properties less desirable to investors.
- el_don_almighty 3y agoInvestors don't pay taxes on real estate They pass these costs directly to the renter The occupants pay real estate taxes
- francisofascii 3y agoNot sure where you live, but in most cases, The owner pays property tax. The rental price is based on the market rate and is not tied to the property taxes at all. Landlords will set the price as high as possible to secure occupancy regardless of the taxes they pay.