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> There are cases when legally allowed rents are below the taxes the landlord needs to pay. This does not happen in California. Prop 13 ensures it. Property ta
by simoncion 12y ago
> There are cases when legally allowed rents are below the taxes the landlord needs to pay.
This does not happen in California. Prop 13 ensures it. Property taxes pretty much never increase. One of the ways that they do is when a property changes hands.
Either this landlord purchased the property with the intent of kicking out the tenants whose rent he knew would be less than the re-assessed property tax, or he's being a dickbag and is throwing out a tenant because he feels that he deserves more money from his long-term investment.