|
|
|
|
|
by bluGill
299 days ago
|
|
Even if property tax increases are not capped, they are generally a fraction of what the house payment would be. (though after 30+ years of inflation the tax is what the original house payment was) Generally if you rent your share of property tax in the rent payment is higher than an equivalent house share would be Tenters don't see how property tax affects their rent and so they generally don't oppose property tax increases, if they even bother to vote which they are less likely to. To be fair, how tax affects tax is complex - rent is supply and demand first, things like taxes put a floor on prices and so affect supply but this means it is indirect and so hard to see even though it will catch up eventually. |
|