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>Most H1-B's do not own their homes and thus do not pay property taxes I see this ridiculous assertion everywhere now a days. If h1b's are renting an apartment
by xxpor 14y ago
>Most H1-B's do not own their homes and thus do not pay property taxes
I see this ridiculous assertion everywhere now a days. If h1b's are renting an apartment, they are still paying property taxes because the building owner has to pay these taxes. Do you think that property owners really pay these taxes out of the goodness of their heart?
- rayiner 14y agoThe allocation of property taxes amongst renters and landlords isn't a simple calculation. It depends on the dynamics of the market.
- xxpor 14y agoIt's ultimately irrelevant.
- Spooky23 14y agoTypically the tax density per square foot is higher for middle class homes than for rentals. 100 $200k homes yield more property valuation (and thus tax) than a 100 unit trailer park that is worth $60k/ unit. That's why outside of the largest cities, there isn't much high density housing for middle class folks -- it's not price competitive.