|
|
|
|
|
|
by kamikazeturtles
311 days ago
|
|
|
Who owns them probably has an effect on whether new housing will be built. A city of mostly renters will vote to have rent controls. Your property taxes are a percentage of the assessed value of your house, usually 1-2%. If your houses value is increasing but rent is capped, the landlord business isn't going to look very rosy. No new rentals will be built. Of course, I could be wrong. Interested in counter arguments |
|
|