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by giantg2
1590 days ago
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"but that they have no special additional capacity to raise prices in response to land taxes." How so? If all landlords now have a significant new cost, why would they not raise rent to cover it? This seems to say they cover 80-90% of tax increases through rent increases. And commercial properties should be more competitive. https://mitcre.mit.edu/news/blog/can-landlords-really-pass-h... |
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