Property taxes do not directly translate into rent, the % of the tax that is on the land value of the property can't be passed on, because the supply of land is

Property taxes do not directly translate into rent, the % of the tax that is on the land value of the property can't be passed on, because the supply of land is inelastic. https://www.astralcodexten.com/p/does-georgism-work-part-2-can-landlords https://www.astralcodexten.com/p/does-georgism-work-part-2-c...