3 ms·
Sure, but consider that the majority of people in SF/SV are priced out of the market and are instead renters -- they're getting the worst of both worlds.
by dxhdr 13y ago
Sure, but consider that the majority of people in SF/SV are priced out of the market and are instead renters -- they're getting the worst of both worlds.
- mp3tricord 13y agoBut the additional property tax is already built into your rent price and increases?
- dxhdr 13y agoThe point is that as a non-homeowner, you don't pay property tax so you don't benefit from low property tax rates. Instead you're paying rent that's among the highest in the nation. And your salary, which better be large to deal with the outrageous rent, is being taxed at one one of the highest rates in the country. It's the absolute worst tax situation to be in.
- wpietri 13y agoGenerally inputs are priced into market price. So as a renter, I suspect I benefit from low property taxes.
- deleted 13y ago[deleted]