It seems like all this would do is push rental prices higher, as investors push the burden of the tax onto the purchaser of the unit, who pushes the burden onto

It seems like all this would do is push rental prices higher, as investors push the burden of the tax onto the purchaser of the unit, who pushes the burden onto individual renters. As an investor or owner, I don't really care about increased taxes as long as I can float the difference and demand is high enough that I can make it up in the sale price/rent.