[cco]

> Property taxes are the only thing that can redistribute wealth from landlords to the working people.

Eh? Working people always pay the property tax, landlords do not.

[whatever1]

Landlords will just price rent at the maximum price the market can afford. Their costs are irrelevant.

Evidence: the free cash flow varies wildly per geography even in the same tax region.

Landlords will accept negative cash flow in expectation of property value increase.