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by kaibee
620 days ago
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> Then, property taxes go up by $200/mo. Do you think your rent won't go up by at least $200/mo as a direct consequence of the tax increase? Because it will. Because the renter is of course paying for all costs, including those taxes. So, before property taxes went up, the landlord could have raised rents by $200/month, but hadn't because..? |
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Because you don't pre-date inflation.
It is the same as asking why the supermarket doesn't raise the price of milk to what inflation estimates say it'll probably be next year.